CRUDEOIL UPDATE - JUNE 14
Technical Analysis:
Crude oil prices closed above a key resistance level of $65.88 on Friday.
This breakout suggests a potential continuation of the uptrend.
Target:
Crude Oil (CL) - Potential Breakout Targeting 6650 - 6700
Current Price: Above 6588
If the bulls can maintain momentum, the next potential target zone could be 6622 - 6650
Key Levels:
Resistance: 6622, 6650
Support: 6588 (broken)
The overall market sentiment and any relevant news events can impact the price movement.
This is just a technical analysis, and other factors should be considered before making any trading decisions.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a licensed financial professional before making any investment decisions.
Disclaimer
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