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Forecast update for crude oil -02-07-2025
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Forecast update for crude oil -02-07-2025
Jul 2, 2025 7:25 AM

The price of (crude oil) rose in its last intraday levels, to retest the critical resistance at $65.55, this level represents an obstacle against the attempts of the rise in the last period, which represents the top line of confused sideways trading, amid the continuation of the negative pressure due to its trading below its EMA50, under the dominance of bearish correctional wave on the short-term basis, besides the reach of the (RSI).

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