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Update: Crude oil price rebounds bearishly
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Update: Crude oil price rebounds bearishly
Jun 12, 2024 10:00 AM

Crude oil price approached our waited target at 79.55$ but it rebound downwards strongly now to head towards expected test to the key support 77.64$, which urges caution from the upcoming trading, as continuing the decline and breaking this level will stop the morning suggested positive scenario and put the price under additional negative pressure that its next targets reach 76.80$ and 75.25$.

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