OIL Forex Analysis for Today, Thursday (20-06-2024)
Potential to BUY OIL, Still in Uptrend
CLSK Analysis
Market Monitors Middle East Conditions
The market’s focus has returned to the Middle East after Israel’s Foreign Minister warned of the possibility of an all-out war with Lebanon’s Hezbollah group, despite the US efforts to avoid widespread conflict.
Monitor Trendline Area
Prices are still moving within the uptrend line. Buying opportunities can be sought if there is a correction to the trendline or support area.
Prediction: STRONG OIL
Resistance Levels
- R1 82.00
- R2 81.54
- R3 81.00
- R4 79.89
Support Levels
- S1 79.89
- S2 78.91
- S3 80.52
- S4 81.54

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