Skip to main content

Brent crude extends downside correction now today

The drop below $94 per barrel reported here earlier on has now extended further to the downside as the price draws towards $93.25. It was noted here earlier; that the RSI was approaching an overbought position above 80, on a 14 Day basis. Well, that has now eased somewhat as the price has fallen back. The low seen so far has just been set at $93.34. It is above that low right now, currently trading at $93.45

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!