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Brent crude oil breaches an important resistance- Analysis-29-07-2025
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Brent crude oil breaches an important resistance- Analysis-29-07-2025
Jul 28, 2025 10:44 PM

The (Brent) price settled with slight gains in its last intraday trading, amid by breaching a minor bearish trend line on the short-term basis, and breaching the key resistance level at $69.00, taking advantage of the dynamic support that is represented by its trading above EMA50, on the other hand we notice the emergence of the negative signals on the (RSI), after reaching overbought levels and that reduced the last gains of the price.

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