Crude Oil (USOIL) exhibits a minor increase of 0.12%, trading at $79.5, pointing towards a cautiously optimistic market outlook.The pivot point at $77
Crude Oil (USOIL) exhibits a minor increase of 0.12%, trading at $79.5, pointing towards a cautiously optimistic market outlook.
The pivot point at $77.54 serves as a critical juncture, with resistance levels at $80.74, $83.05, and $84.96 dictating potential upward momentum.
Conversely, support figures at $75.83, $74.28, and $72.36 safeguard against declines.
This technical analysis underscores a bullish trend, contingent on sustaining above the $78.68 threshold, highlighting a nuanced interplay between market forces and technical indicators.
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