OIL Forex Analysis for Today, Tuesday(23-04-2024)
Still Can Look for SELL OIL Again! Price Approaching Resistance
Daily Analysis of CLSK
US Approves Sanctions on Iran
The United States has approved new sanctions on the Iranian oil sector expanded to cover foreign ports, ships, and oil refineries processing or shipping Iranian crude oil. This raises concerns about a supply reduction. Meanwhile, the market continues to monitor the situation in the Middle East, although the Iran-Israel conflict shows signs of easing.
Monitor Resistance Area
Prices are approaching the resistance area, where there is a high probability of taking a sell opportunity if there is confirmation of a sell signal at that resistance area.
Prediction: WEAK OIL
Resistance
- R1 83.50
- R2 82.50
- R3 83.90
- R4 84.45
Support
- S1 82.50
- S2 83.50
- S3 82.07
- S4 81.51
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