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Brent crude oil is in a truce to catch breaths -Analysis-12-06-2025
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Brent crude oil is in a truce to catch breaths -Analysis-12-06-2025
Jun 11, 2025 11:00 PM

The (Brent) price declined in its last intraday trading, gathering the gains of its last rises, attempting to gain a positive momentum that might assist it to rise again, and it is attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance from it, this comes after the price success to breach the critical resistance level at $67.75, supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend and its trading alongside a bias line.

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