The (crude oil) price rose in the last intraday trading, retesting the critical resistance at $62.85, in attempt to test its strength after wave of mixed trading, despite this rise the main trend on the short-term basis remains under clear negative pressure, especially with the trading below EMA50.

The main indicators reinforce this negative scene, where the (RSI) showed Signs of buying exhaustion after reaching overbought levels, leaving the gate open for a potential return for the selling pressure again, unless the price manages to breach the mentioned resistance and holds above it.