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Evening update for crude oil -12-06-2025
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Evening update for crude oil -12-06-2025
Jun 12, 2025 11:01 AM

The (crude oil) witnessed fluctuated trading in its last intraday trading, amid its attempts to breach the resistance level at $66.80, which represents our suggested target for the last rise, amid the continuation of the positive pressure that comes from its trading above its EMA50, and under the dominance of the main bullish trend and its trading alongside a minor and main bias lines that supports this trend, besides the price success in offloading its clear overbought condition on the (RSI), which provides bigger space to achieve more of the gains.

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