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Evening update for crude oil -02-04-2026
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Evening update for crude oil -02-04-2026
Apr 2, 2026 11:47 AM

Crude oil price is experiencing fluctuating trading on its last intraday levels, after reaching our expected target at $105.00 resistance, bouncing lower in attempt to gather the gains and offload overbought conditions on the relative strength indicators that might help it to breach this resistance, amid the dominance of the main bullish trend on short-term basis, alongside supportive trend line for this path.

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