Uniglobe Markets
Uniglobe Markets
June 18, 2025 at 06:29 AM
*Oil Technical Overview* Crude Oil (WTI) has held above its recent support and is stabilizing near 73.20. The broader trend remains bullish after the recent breakout, but RSI indicates a cooling momentum. A higher low formation may pave the way for further upside. Support and Resistance Levels Support: 72.20, 70.60 Resistance: 73.80, 74.45 Buy Scenario A move above 73.80 backed by strong volume could invite buyers aiming for 74.45 and possibly higher. Sell Scenario If price falls below 72.20, expect a possible dip toward 70.60 as correction deepens.
Image from Uniglobe Markets: *Oil Technical Overview*  Crude Oil (WTI) has held above its recent su...

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