Evening update for Crude oil price 26-01-2023

Economies.com
2023-01-26 16:55PM UTC

Crude oil price showed additional rise to touch 81.60 and found solid resistance there, noticing that stochastic loses its positive momentum to head towards potential decline in the upcoming sessions, and we prefer to monitor the upcoming trades until we get clearer signal for the next trend, noting that consolidating below the mentioned resistance will lead the price to resume the bearish trend and visit 78.95 as a first negative station.

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