The (crude oil) price rose in its last intraday trading, due to the stability of the key support level at $64.85, providing the positive momentum that assisted it to recover some of the previous losses, attempting to offload some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signal on it, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which prevents any attempt for the price recovery.

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