Crude oil price fluctuated during its last trading, attempting to gain the required positive momentum to breach the solid resistance at $61.75, supported by the continuation of its trading above EMA50, indicating the dominance of the steep bullish corrective wave, that confirms the strength of the current trend.
Accompanied by the relative strength indicators reaching exaggerated oversold levels compared to the price move, providing extra push that reinforces its potential gains in its upcoming trading, preferring the continuation of the bullish momentum, if the price kept its trading above the main support levels.
VIP Trading Signals Performance by BestTradingSignal.com (13-17 Oct, 2025)
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