Crude Oil Forecast: Tries to Build a Base
From dailyforex.com
Crude oil markets once again witnessed a resurgence in activity during Friday's trading session, characterized by the persistent presence of turbulent price fluctuations. The WTI Crude Oil market displayed renewed vitality on Friday, with the $75 level emerging as a critical support threshold. This level holds significant psychological importance due to its round figure status and has previously proven to be a zone of substantial market activity. Consequently, it is not surprising to see buyers showing interest in this region, as a breach below $75 could potentially trigger a deeper wave of selling. Such a breakdown ...
(full story)