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Evening update for crude oil -14-07-2025
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Evening update for crude oil -14-07-2025
Jul 14, 2025 11:45 AM

The (crude oil) declined in its last intraday trading, affected by the stability of the critical resistance level at $68.00, attempting to gain positive momentum that might assist it to breach this resistance attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from them, to lean on the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

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