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Forecast update for crude oil -01-07-2026
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Forecast update for crude oil -01-07-2026
Jul 1, 2026 5:31 AM

Crude Oil declined in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, with a negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the negative signals from the relative strength indicators, despite reaching oversold levels.

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