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Brent crude oil declines affected by its current resistance- Analysis-07-07-2025
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Brent crude oil declines affected by its current resistance- Analysis-07-07-2025
Jul 6, 2025 9:35 PM

The (Brent) price settled low in its last intraday levels, due to the stability of the resistance level at $68.70, which put it under negative pressure, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, increasing the negative pressure that prevents its recovery.

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