The price of (crude oil) rose in its recent intraday trading, to settle above the key support at $61.25, supported by its continuous trading above the EMA50, amid the dominance of a bullish correctional wave on the short-term basis, on the other hand, we notice the beginning of the negative signals emergence on the (RST), reaching overbought levels, which might decelerate the rise and extend the fluctuated moves.
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