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Brent crude oil attempts to breach stubborn resistance- Analysis-04-07-2025
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Brent crude oil attempts to breach stubborn resistance- Analysis-04-07-2025
Jul 3, 2025 9:27 PM

The (Brent) price declined in its last intraday levels, amid its attempts to gain the suitable bullish momentum to help it to breach its current resistance at $68.70, attempting to offload the clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, to open the wat for more of the gains, amid the dominance of strong bullish wave on the intraday basis, supported by its trading above EMA50

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