Oil has recently made an attempt to settle above the resistance at $53.80 but failed to gain additional upside momentum and pulled back. At this point, oil needs to settle back above $53.30 to have a chance to get to the test of the recent highs. A move above the resistance at $53.80 will push oil towards the next resistance level which is located at $54.40.
On the support side, oil continues to get material support near $52.70. If oil settles below this level, it will head towards the $52 level. A successful test of this level will open the way to the test of the support at $51.50.
On the support side, oil continues to get material support near $52.70. If oil settles below this level, it will head towards the $52 level. A successful test of this level will open the way to the test of the support at $51.50.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.