Brent: the price has returned to the level of 41.00

Forex analytics: Positive fundamental data contributes to the rise of oil price. In the last two days the price of crude oil Brent rose by over 2 USD.From the lows of January at the level of 27.00 USD, the price rose by over 50% and returned to strong resistance level of 41.45 (ЕМА144 on the daily chart). On the daily and weekly and 4-hour charts the indicators OsMA and Stochastic give signals for long ...