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Crude oil trades in tight sideways range -Analysis-26-06-2025
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Crude oil trades in tight sideways range -Analysis-26-06-2025
Jun 25, 2025 9:17 PM

The (crude oil) fluctuated in its last intraday trading, where it moved in tight sideways range, affected by a limited positive momentum due to its lean to main bullish trend line on the short-term basis, providing some technical support in the current time.

On the other hand, this sharp decline still affects trading, showing clear dominance for the selling powers, especially with the beginning of the negative signals appearing on the (RSI), after the price success in offloading its oversold conditions, which might ease the way for a new wave unless a strong support appears to stop the decline.

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