oil6

Crude oil prices are under negative pressure

The (crude oil) price settled with limited gains in its last intraday trading, taking advantage of the emergence of the positive signals on the (RSI), which assisted it to retest the critical resistance level at $65.60.

 

This rise was accompanied by reaching the resistance of the EMA50 and retesting the broken main bullish trend line on a short-term basis, which might form an extra barrier and increase the possibilities for the return of the downside track in the upcoming trading.

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