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Forecast update for crude oil -07-07-2025
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Forecast update for crude oil -07-07-2025
Jul 7, 2025 5:35 AM

The price of (crude oil) managed to recover quickly from the losses that happened in the opening of its morning trading, after its lean on the support of its EMA50, providing positive momentum that assisted it to rebound to clear all the early losses, to settle above the resistance level of $66.00 again, with the beginning of the positive signals emergence on the (RSI), after reaching oversold levels.

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