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Brent crude oil attacks its current resistance- Analysis-29-08-2025
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Brent crude oil attacks its current resistance- Analysis-29-08-2025
Aug 28, 2025 10:10 PM

The (Brent) price witnessed fluctuated move on its last intraday levels, amid its attempts to breach the current resistance level at $67.60, this level was our yesterdays suggested target, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line for this track, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the rise.

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