Brent: close to strong resistance levels

Forex analytics: On the daily chart the price of crude oil Brent has closely approached strong resistance levels of 40.85 (upper line of the ascending channel), 41.50 (ЕМА144) and 42.30 (lows of August 2015). On the daily chart the indicators OsMA and Stochastic give signals for long positions. However, Stochastic is in the overbought zone. The indicators on the four-hour chart are reversing towards short ...