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Forecast update for crude oil -20-06-2025
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Forecast update for crude oil -20-06-2025
Jun 20, 2025 5:10 AM

The price of (crude oil) rose in its recent intraday trading, getting ready to attack the critical resistance level at $75.00, after gaining positive momentum and its success in offloading its overbought condition on the (RSI), amid the continuation of the negative pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short- term basis and its trading alongside a bias line.

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