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Crude oil prices are currently hovering around the $71.95 mark, showing little movement since this morning. Despite the lack of volatility, the overall bullish trend remains unchanged, contingent on the price maintaining stability above $70.44. The anticipated targets for this upward trend start at $73.48, with further potential to reach $75.36 following a breach of the initial target.
The expected trading range for today is between support at $70.80 and resistance at $73.80.
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Trend Forecast: Bullish
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