CLSK Forex Analysis for Today, Thursday (18-01-2024)
Stalled at Resistance, OIL Still Can be Sold
Daily Analysis CLSK
Concerns about Demand Hinder Price Strengthening
Oil price strengthening is stalled due to concerns about a decrease in demand after Chinese economic data showed potential economic slowdown.
Swing High and Low Still Decreasing
The chart still shows lower highs and lower lows. Prices are held in the resistance area.
Prediction: WEAK OIL
Resistance
- R1 73.60
- R2 72.80
- R3 74.00
- R4 74.50
Support
- S1 72.80
- S2 73.60
- S3 72.50
- S4 72.00
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