Brent: indicators are leaving overbought zone

Forex analytics: Last week, the price has reached new annual highs at the level of 46.20, which is crossed by the upper limit of the ascending channel on the daily chart and Fibonacci 50% (correction to the decline since June 2015 and the level of 65.30 to the lows of 2016 at the level of 27.05), and ЕМА50 on the weekly chart. Therefore, the price has reached strong resistance level of 46.20, which will be ...