OIL Forex Analysis for Today, Wednesday(27-03-2024)

OIL Forex Analysis for Today, Wednesday(27-03-2024)

OIL Forex Analysis for Today, Wednesday(27-03-2024)

Prepare for Buying Opportunities in Oil! Potential Price Testing of Support Area

Daily Analysis CLSK

Oil Strengthens Further

The decrease in the number of US oil rigs adds upward pressure on prices.

Testing Support Area

Oil is potentially testing the support area before resuming its strength. Look for buy opportunities as long as the price does not penetrate the support area.

Prediction: STRONG OIL

Resistance

  • R1 81.02
  • R2 80.25
  • R3 81.40
  • R4 81.80

Support

  • S1 80.25
  • S2 81.02
  • S3 79.86
  • S4 79.37
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