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Evening update for crude oil -20-11-2025
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Evening update for crude oil -20-11-2025
Nov 20, 2025 1:38 PM

The (crude oil) declined in its last intraday trading, reaching the resistance of EMA50, which puts it under negative pressure especially after offloading its oversold conditions on the relative strength indicators, affected by negative technical formation on the short-term basis (the rising wedge pattern).

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