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Evening update for crude oil -16-06-2025
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Evening update for crude oil -16-06-2025
Jun 16, 2025 11:05 AM

The (crude oil) begins to recover in its last intraday trading, to settle again above $70.00, amid the continuation of the positive pressure that comes from its trading above its EMA50, under the main bullish trend on the short-term basis on the short-term basis and its trading alongside a bias line, noticing the beginning of positive overlapping signals on the (RSI), after reaching oversold levels.

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