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Forecast update for Brent crude oil -25-06-2025
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Forecast update for Brent crude oil -25-06-2025
Jun 25, 2025 5:16 AM

The price of (Brent) declined in its last intraday trading, getting ready to break its current support at $66.50, after it succeeded in its previous moves to recover some of its previous losses, and offloading its clear oversold conditions on the (RSI), after the stability of this support due to gaining some positive momentum by leaning on it, amid the dominance of a bearish correctional wave that indicates the dominance of the selling strength and suggesting more of the downside moves.

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