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Evening update for crude oil -19-08-2025
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Evening update for crude oil -19-08-2025
Aug 20, 2025 3:48 AM

The (crude oil) deepened its losses in its last intraday trading, breaking the key support level at $62.00, amid the dominance of the bearish trend on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, preventing the price recovery in the last period, besides the emergence of the negative signals on the (RSI).

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