The crude oil price declined clearly in its recent intraday trading, breaking the key resistance at $56.45, confirming the strength of the dominant bearish trend on the short-term basis, which leads the price to move alongside the bias line.

This decline came with the continuation of the negative pressure of its trading below EMA50, which increasing the selling pressure, as the (RSI) indicators reinforce this negative scenario, with the continuation of the negative signals from them, which supports the continuation of the decline in the upcoming sessions.

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