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Forecast update for Brent crude oil -17-07-2025
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Forecast update for Brent crude oil -17-07-2025
Jul 17, 2025 5:49 AM

The price of (Brent) rose in its last intraday levels, confined in a confused area between the hammer that is represented by its trading below EMA50, with the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, and the anvil that is represented by the support line of a main bullish trend line on the short-term basis.

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