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Technical analysis: WTI crude oil prices rise strongly

by admin

June 2, Economies analysts’ latest view today: After yesterday’s strong rise, WTI crude oil prices stabilized around 70.40. It is recommended to continue to be bullish, with a target of 71.55, followed by 73.80. Continued gains are expected over the next few trading days, but a break above 68.75 and a sustained decline will halt the advance and push prices down again.

Today’s expected trading range is between 69.00 and 72.20.

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