The (crude oil) began this week trading calmly, attempting to gather its last gains, after a strong bullish wave, this temporary decline comes with offloading the clear overbought conditions on the (RSI) gradually.

The price remains supported by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis, the continuation of this technical support beside gathering the bullish momentum might open the way for breaching critical resistance at $68.00 in the upcoming period.