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Evening update for crude oil -15-08-2025
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Evening update for crude oil -15-08-2025
Aug 15, 2025 11:10 AM

The (crude oil) price declined in its last intraday trading, preparing to break the current support level at $62.00, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the bearish trend on the short-term basis, besides the emergence of the negative signals on the (RSI), after reaching overbought levels.

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