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Update: Crude oil price suffers strong losses
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Update: Crude oil price suffers strong losses
Jun 3, 2024 9:53 AM

Crude oil price declined strongly to surpass our suggested negative targets in our recent reports, and breaks 75.25% level to confirm opening the way to suffer more losses in the upcoming period, expecting to target 73.15$ followed by 71.35$ areas as next negative stations, taking into consideration that failing to hold below 75.25$ might push the price to attempt to recover and build bullish wave on the intraday basis.

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