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Brent crude oil is in a truce to catch its breath- Analysis-14-07-2025
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Brent crude oil is in a truce to catch its breath- Analysis-14-07-2025
Jul 13, 2025 11:44 PM

The (Brent) price settled high at its last intraday levels, attempting to gain a bullish momentum that might help it to breach the critical resistance level of $70.00. attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals appearance, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive support due to its trading above EMA50.

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