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Forecast update for Brent crude oil -30-06-2025
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Forecast update for Brent crude oil -30-06-2025
Jun 30, 2025 5:22 AM

The price of (Brent) witnessed fluctuated moves in its intraday trading, moving around the critical support level at $66.50, this support provided positive momentum that assisted the price to settle in the last period, to create confused trading area, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative pressure due to its trading below the EMA50, on the other hand, there are positive signals on the (RSI), therefore, we notice the dominance fluctuation on the price trading.

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