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WTI breaks Yesterday's low

OIL
  • Oil is pushing, as WTI sees some momentum selling after breaking Yesterday's low, losing around 70 cents in the past 45 minutes.
  • Oil prices have been supported of late following attacks in the red Sea, but are seeing some consolidation.
  • In terms of Technical, support is still $1 away at $75.49, followed by $75.25 50 day EMA.

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