OIL Forex Analysis for Today, Friday(22-03-2024)
Check OPPORTUNITY TO PURCHASE OIL NOW! Price Held at Support
Daily Analysis CLSK
Demand from the US Begins to Decline
Oil prices corrected yesterday after inventory data suggested a decline in demand in the United States. Additionally, there is news that the UN is drafting a resolution for a ceasefire in the Hamas-Israel conflict.
Price Held at Support Area
Prices held in the support area after a drop following confirmation of the double top pattern yesterday, which has reached its target. Confirmation of buy signals can be sought in that support area.
Prediction: STRONG OIL
Resistance
- R1 80.87
- R2 80.09
- R3 81.28
- R4 81.59
Support
- S1 80.09
- S2 80.87
- S3 79.69
- S4 78.94

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