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Crude oil price crawls upwards to move above 77.00 barrier, to support the continuation of the expected bullish trend for today, which targets 78.00 followed by 78.90 levels as next main stations.
In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 76.10, noting that the EMA50 provides continuous positive support to the suggested bullish wave.
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The expected trading range for today is between 75.50 support and 78.90 resistance.
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The expected trend for today: Bullish
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