OIL Forex Analysis for Today – Wednesday(13-03-2024)
Selling Opportunities for OIL Still Exist! Monitor Support Breakout
Daily Analysis CLSK
Oil Pressured Post US Inflation Data
Crude oil prices were slightly pressured yesterday as the market digested US inflation data and demand projections from OPEC for this year.
Monitor Support Breakout
Crude oil prices are still held in the support area. A breakout of support will increase selling opportunities.
Prediction: WEAK OIL
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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