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Evening update for crude oil -24-03-2026
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Evening update for crude oil -24-03-2026
Mar 24, 2026 11:32 AM

The (crude oil) price rose in its last intraday trading, to retest the key resistance at $92.00, supported by the emergence of the positive signals from the relative strength indicators, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, threatening any current gains with a potential reversal at any time.

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