Market analysis of crude oil:
The crude oil 
OIL_CRUDE market recently underwent a correction, with prices dropping from $67.50 to $71.50 last week. Currently, it is approaching the resistance level at $71.58. A breakout above this resistance could potentially push the price up to $75 before resuming its downward trajectory towards $64. The overall trend remains bearish, so caution is advised. A trend reversal would only occur if the price surpasses $78. It is crucial to closely monitor price movements in the coming days. #OilMarket #MarketAnalysis
OIL_CRUDE market recently underwent a correction, with prices dropping from $67.50 to $71.50 last week. Currently, it is approaching the resistance level at $71.58. A breakout above this resistance could potentially push the price up to $75 before resuming its downward trajectory towards $64. The overall trend remains bearish, so caution is advised. A trend reversal would only occur if the price surpasses $78. It is crucial to closely monitor price movements in the coming days. #OilMarket #MarketAnalysis
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.