OIL Forex Analysis for Today – Tuesday(12-03-2024)
SELL OIL Plan: Monitor Support Breakout
Daily Analysis CLSK
Market Monitoring for OPEC Updates and US Inflation Data
Crude oil prices remained stable yesterday as the market awaited the latest US inflation data and projected crude oil price reports from OPEC and the International Energy Agency.
Monitor Support Breakout
Crude oil prices are held in the support area. A breakout of support will increase selling opportunities.
Prediction: WEAK OILL
Resistance
- R1 78.79
- R2 76.74
- R3 79.61
- R4 80.82
Support
- S1 76.74
- S2 78.79
- S3 76.19
- S4 75.49
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