Brent: the price continues to decline

Forex analytics: After today’s opening with a slight gap down, the price of crude oil Brent continues to decline, approaching the level of 30.00 USD per barrel. On 4-hour and daily charts the indicators OsMA and Stochastic moved to the negative zone, indicating the increase in short positions. Breakdown of psychologically important level 30.00 will trigger the decline in price to the recent lows at the level of ...