Oil is currently trading around $65, which seems to be a major support and resistance.
A break above means we would see $67.24 and possible retrace to $65.10 and further climbs higher if support is found.
If $65.10 doesn't hold as support then $63-$60 seems to be possible.
News matters! Currently there's a problem with the transport of oil, so prices are likely to go up.
Until we hear the ships abled to move and free up the busy canal.
NOT financial advice but be inspired.
A break above means we would see $67.24 and possible retrace to $65.10 and further climbs higher if support is found.
If $65.10 doesn't hold as support then $63-$60 seems to be possible.
News matters! Currently there's a problem with the transport of oil, so prices are likely to go up.
Until we hear the ships abled to move and free up the busy canal.
NOT financial advice but be inspired.
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