The price of (crude oil) declined in its last intraday trading, due to the stability of the key resistance level at $63.75, amid the dominance of the main bearish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, increasing the negative pressures on the near-term basis.
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