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Forecast update for crude oil -17-06-2025
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Forecast update for crude oil -17-06-2025
Jun 17, 2025 5:07 AM

The price of (crude oil) rose in its recent intraday trading, settled above the support of $70.00, amid the dominance of the main bullish trend in the short-term and its trading alongside a bias line, with the emergence of positive signals on the (RSI), after reaching oversold levels previously, with provides positive momentum especially with its trading above the EMA50.

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