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The GBPJPY currency pair experienced a strong bullish rally on Tuesday, breaking through the bearish channel's resistance at 190.55. This breakout led to significant...
HomeLatestCrude Oil Price Faces Negative Pattern – February 21, 2025 Forecast

Crude Oil Price Faces Negative Pattern – February 21, 2025 Forecast

Crude oil prices saw a rise yesterday, reaching the 72.65$ mark. Holding above 72.30$ continues to support the possibility of further gains in the upcoming sessions. However, a closer examination of the chart reveals that the price is currently within a rising wedge pattern, with the support line converging at 72.30$. A break below this level could signal a return to a bearish trend.

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