OIL Correction to Support Area, BUY Opportunity
Daily Analysis CLSK
Middle East Tension Still High
Crude oil prices closed higher last Friday as tension in the Middle East, still high, continues to have a greater impact on the market than the high inflation in the US.
Correction to Support Area
Crude oil prices corrected back to the support area. Opportunities to buy can be explored in the support area.
Prediction: STRONG OIL
Resistance
- R1 77.52
- R2 75.35
- R3 78.48
- R4 79.28
Support
- S1 75.35
- S2 77.52
- S3 74.36
- S4 73.20
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