CLSK Forex Analysis for Today, Monday (15-01-2024)
Sell Opportunity in Oil! Price Reversal Below Downward Trendline
Daily Analysis CLSK
US & UK Collaborate to Attack Houthi
Crude oil prices briefly surged to $75/barrel after the US and UK launched a military strike in the Houthi-controlled area in Yemen. Shortly after, crude oil prices fell again.
Back Below Trendline, Wait for Support Break
Prices are moving back below the downward trendline. Wait for a breakthrough in support to confirm the selling opportunity.
Conclusion: Weak Oil
Resistance
- R1 75.20
- R2 72.00
- R3 76.00
- R4 77.50
Support
- S1 72.00
- S2 75.20
- S3 71.00
- S4 69.00
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