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Forecast update for Brent crude -30-05-2025
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Forecast update for Brent crude -30-05-2025
May 30, 2025 4:45 AM

The price of (Brent) rose in its recent intraday trading, due to the stability of the critical support level at $63.20, attempting to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from there, which recover yesterdays losses, where the price suffers from the continuation of the negative pressure due to its continuous trading below its EMA50.

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