Crude oil prices witnessed fluctuation trading in their last intraday trading, to correct the dominant main bearish trend, while its trading alongside supportive trend line for the negative track, amid the continuation of the dynamic pressure due to the stability below EMA50, reinforcing the weakness of the current bullish momentum.
However, we notice the beginning of positive overlapping signals appearance on the relative strength indicators, providing some temporary support and pushing it to prolong the current correction before resuming its bearish track.
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