Brent Faces Stiff Resistance at $91.50 as Momentum Shows Signs of Fatigue
Brent crude is pressing up against a horizontal resistance band near $91.50 on the 5-hour chart. Technicals show ongoing bullish momentum but several exhaustion signals, including an overbought Money Flow Index and price flirting with the upper Bollinger Band. A failed breakout could send price back toward the 200-period simple moving average at $8…