CLSK Forex Analysis for Today – Thursday (25-01-2024)
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Breakhigh Resistance: Consider Buying Oil!
Daily Analysis of CLSK
Significant Decline in US Crude Oil Inventories
The reduction in US inventories is approximately 9.2 million barrels, surpassing expectations of 2.2 million barrels. China’s stimulus measures, including bank reserve cuts, are expected to boost oil demand.
Breaking through the key resistance at 75.00, oil consolidates at the peak. Maximize buying opportunities during price corrections.
Conclusion: Robust Oil Market
Resistance Levels
- R1: 74.50
- R2: 73.50
- R3: 76.45
- R4: 77.75
Support Levels
- S1: 73.50
- S2: 74.50
- S3: 73.20
- S4: 71.90
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