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HomeLatestBrent Oil Price Tests Resistance – Forecast for February 18, 2025

Brent Oil Price Tests Resistance – Forecast for February 18, 2025

Brent oil prices rose yesterday to test the critical resistance level at $75.66. The EMA50 continues to exert downward pressure on the price, while the stochastic indicator has lost its positive momentum, signaling potential overbought conditions.

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