OIL Forex Analysis for Today, Tuesday (06-02-2024)
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OIL Still Under Pressure, Prepare to Seek SELL Again
Daily CLSK Analysis
Middle East Conditions Still Affecting Prices
Crude oil prices strengthened yesterday after the United States launched attacks in Iraq and Syria against Iranian forces and their allies over the weekend.
Intraday Bias Still Tending to Bearish
The price increase has not been able to reach the previous swing high, so intraday is still tending to be bearish today. Monitor the resistance area to look for confirmation of sell signals.
Prediction: WEAK OIL
Resistance
- R1 77.15
- R2 73.58
- R3 78.12
- R4 80.50
Support
- S1 73.58
- S2 77.15
- S3 72.82
- S4 71.42
![JustMarkets](http://onlineforexafrica.com/wp-content/uploads/2024/02/CLSK.png)
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