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Evening update for crude oil -11-06-2025
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Evening update for crude oil -11-06-2025
Jun 11, 2025 1:00 PM

The (crude oil) rose high in its last intraday trading, after breaching the critical resistance at $64.75, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels, besides the continuation of the positive support that comes from its trading above its EMA50.

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