Brent crude oil prices slipped lower in their last intraday trading within bearish track that dominates the technical movement of the pair in the short-term basis, where the price keeps moving alongside bearish trend line that supports the continuation of the selling pressure, amid limited attempts to settle, but the main bearish trend remains dominant.

The continuation of the trading below EMA50 reinforces the strength of the negative pressure and confirms the bearish movement, besides the weakness signs that appear on the relative strength indicators, indicating that there is possibility for extending the decline unless we witness technical breach for key resistance levels that might turns the bullish momentum back.

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