The black gold is declining and trading now at 75.72 dollars at the NYMEX. The crude is declining 2.6% since the session opened and getting closer to the key support at 75.00 dollars. This is a level with a potential rebound. Yet, if broken, the path would be clear for the commodity look for 73.00.If the pair rebounds, the next resistance is at 77.00 dollars.

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