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Brent crude oil declines affected by its current resistance -Analysis-03-06-2025
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Brent crude oil declines affected by its current resistance -Analysis-03-06-2025
Jun 2, 2025 8:49 PM

The (Brent) price declined its last intraday trading, affected by the stability of the resistance level at $65.45, this resistance is our previously targeted resistance, accompanied by testing a minor bearish channels range on the short-term basis, with the emergence of the negative signals on the (RSI), after reaching overbought levels, on the other hand, the continuous dynamic support remains valid due to its trading above its EMA50.

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