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Forecast update for Brent crude oil -23-07-2025
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Forecast update for Brent crude oil -23-07-2025
Jul 23, 2025 5:56 AM

The price of (Brent) declined in its last intraday levels, after offloading its oversold conditions that were clear on the (RSI), intensifying the negative pressure with the continuation of the negative pressure that comes from its trading below EMA50, to break a minor bullish bias on the short-term basis, reinforcing the chances for the continuation of the decline.

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