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Evening update for crude oil -06-08-2025
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Evening update for crude oil -06-08-2025
Aug 6, 2025 12:59 PM

The (crude oil) price declined in its last intraday trading, preparing to break the critical support level at $64.85, 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, besides the emergence of negative overlapping signal on the (RSI), after reaching overbought levels.

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