OIL Forex Analysis for Today, Tuesday (18-06-2024)
Buying Opportunity for OIL, Monitor Support Area
CLSK Analysis
Bullish Sentiment Remains Strong
The rise in oil prices is still driven by bullish sentiment as OPEC+ plans to end production cuts in September.
Monitor Support Area
Crude oil prices are still in an uptrend. Buying opportunities can be sought if there is a correction to the support area.
Prediction: STRONG OIL
Resistance Levels
- R1 79.31
- R2 77.00
- R3 79.79
- R4 80.61
Support Levels
- S1 77.00
- S2 79.35
- S3 76.21
- S4 75.13
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