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Evening update for crude oil -04-02-2026
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Evening update for crude oil -04-02-2026
Mar 11, 2026 2:58 AM

The (crude oil) price rose in its last intraday trading, after its leaning on EMA50s support, gaining some bullish momentum that helped it achieve these gains, preparing to reach the current resistance at $63.50, taking advantage of its trading alongside bullish trend line on short-term basis, besides offloading its overbought conditions on relative strength indicators, opening the way for extending the gains in the intraday basis.

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