The (crude oil) surged high in its last intraday trading, affected by the stability of the support level at $59.80, gaining bullish momentum that helped it to achieve these gains, supported by its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis, besides the emergence of the relative strength indicators, reaching the overbought levels, exaggeratedly compared to the price move, which might force it to rebound slightly or fluctuate on the intraday basis.

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