USOIL News

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Last Updated Date: 25 June 2021 @ 7:33 AM (UTC)
*Please note that all the dates are in GMT time zone

The Crude Oil market shows short term peaking action, driving initial topping selloffs to test 72.20 retracement support. A close under 72.20 alerts for a larger top/downturn and projects selloffs to 70.63 - 68.70. Trade may try to bounce off 72.20 and consolidate declines inside Tuesday’s range. Only a close over 74.30 rekindles bull trend forces.
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