Today, I was already expecting some more tangible news on the oil chart. But for now, we can say they are not at all. In the current conditions, I suggest focusing on technical levels:
Resistance 3 - 91.77
Resistance 2 - 90.34
Resistance 1 - 89.60
Pivot point - 88.17 - the price is now just above it, and perhaps after its breakdown, we can expect a further decline to the level of 86.
Support 1 - 87.43
Support 2 is just at level 86. The test we expect.
Support 3 - 85.26.
Resistance 3 - 91.77
Resistance 2 - 90.34
Resistance 1 - 89.60
Pivot point - 88.17 - the price is now just above it, and perhaps after its breakdown, we can expect a further decline to the level of 86.
Support 1 - 87.43
Support 2 is just at level 86. The test we expect.
Support 3 - 85.26.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.