The (crude oil) witness fluctuated moves on its last intraday levels, amid the dominance of bullish corrective wave that helped it to settle above the critical resistance at $61.50, besides the continuation of the negative pressure due to its trading below EMA50, with the emergence of the negative overlapping signals on the relative strength indicators, after reaching overbought levels, which led to this fluctuation that attempts to look for its upcoming trend on the near-term basis.

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