The price of (Brent) declined in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, which prevents the price recovery on the intraday levels, especially after offloading its clear overbought conditions on the (RSI), intensifying the negative pressure and noticing the emergence of the negative signals again, to break main bullish trend line that was supporting its previous positive trading, which might reinforce the price decline in its upcoming trading.

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