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Forecast update for crude oil -12-12-2025
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Forecast update for crude oil -12-12-2025
Mar 10, 2026 10:22 PM

The price of (crude oil) declined in its last intraday trading, reaching the key support level at $57.35, this support was our expected target in our morning analysis for today, with the trading alongside minor bearish trend line on the short-term basis, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which increases the negative pressure around the price.

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