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Crude Oil






9/21/2022 12:17:54 AM

Crude Oil - Technical Analysis: Wednesday, 21/09/2022 05:17 GMT



Oil moved up as we expected yesterday to its first target at 83.50, after touching the strong resistance level at 86.35, which makes our technical view to be bearish in the coming days, especially the Stochastic oscillator has a bearish performance, so we think the oil will fall to 80 then 77 as a  second target in case of violating 83.50


Target
Risk


Support
Resistance


Trend Bearish

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