XBRUSD, H4
![XBRUSDH4.png](https://eu-images.contentstack.com/v3/assets/blt73dfd92ee49f59a6/blt89f7d567e9c581a3/667e8fb035736cf006b4af7e/XBRUSDH4.png)
On the H4, XBRUSD started to rise after a long-term decline and reached the critical resistance area of 61.8 Fibonacci. Despite the significant rise, the %R indicates a big overbought, so two options are possible.
- If the bulls push the price above 86.00 resistance, the price will rise to 87.10 and then to 87.70;
- A rebound from resistance will drop Brent to support at 84.30;