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Forecast update for crude oil -07-05-2025
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Forecast update for crude oil -07-05-2025
May 25, 2025 7:04 PM

The crude oil price witnessed fluctuated trading in its intraday levels, the rise turned to attack the critical resistance at $59.65, but it bounced lower to erase all that gains, affected by the stability of the resistance, accompanied with testing a main bearish trend line on the short-term basis, hitting the resistance of the EMA50.

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