oil
Oil weekly technical analysis
Oil is moving in an upward direction, expected to start descending from the selling liquidity resistance area at levels at 85.47 to target the purchasing liquidity support area at 80.51 levels, and from the support area we expect the bottom of the week to form, but in the event of closing the four-hour candle above 86.18, we expect the continuation of the rise and targeting the selling liquidity resistance area At 89.33 levels, and from the resistance area, we expect the week’s top to form.
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