OIL Forex Analysis Today – Friday(01-03-2024)

OIL Forex Analysis Today – Friday(01-03-2024)

OIL Forex Analysis Today – Friday(01-03-2024)

Still Seeking SELL Opportunities for OIL: Resistance Persists

Daily Analysis of CLSK

OPEC+ Continues Production Cuts

Crude oil prices are holding steady as OPEC+ is expected to extend the production cut program.

Resistance Still Holding

Crude oil prices are facing resistance, accompanied by the emergence of a tweezer top pattern. Selling opportunities will be stronger if there is a breakthrough below the support.

Prediction: WEAK OIL

Resistance

  • R1 79.70
  • R2 77.68
  • R3 80.56
  • R4 81.72

Support

  • S1 77.68
  • S2 79.70
  • S3 76.83
  • S4 75.72
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