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Crude oil prices are currently fluctuating around the $71.95 level as the market awaits the accumulation of positive momentum to support a return to the corrective bullish trend. The upcoming targets for this upward movement are set at $73.48, followed by $75.36 as the next key levels.
Maintaining a price level above $71.95 is crucial to achieve these targets and to prevent a potential decline.
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The anticipated trading range for today is between a support level of $70.80 and a resistance level of $73.80.
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Trend Forecast: Bullish
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