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Bearish outlook for oil in the coming months.

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CURRENCYCOM:OIL_CRUDE has demonstrated a bearish trend and is once again heading towards $64.78. If it manages to break below this level, we may see oil reaching a level of $60. However, if it surpasses the range of $79-$82, we could witness oil reaching a target of $92 or higher.

CURRENCYCOM:OIL_CRUDE
obviousHare20175
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Chart PatternsTechnical IndicatorsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsTrend Analysis
obviousHare20175
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.