Uniglobe Markets
Uniglobe Markets
June 19, 2025 at 07:02 AM
*OIL Technical Overview* Crude Oil (WTI) continues to hold its bullish posture, consolidating around the 73.60–74.00 range after a steep upward leg. Price is respecting short-term moving averages, and RSI is mid-range, suggesting room for both sides. Support and Resistance Levels Support: 72.50, 71.00 Resistance: 74.40, 75.20 Buy Scenario Sustained breakout above 74.40 could drive continuation toward 75.20. Sell Scenario Break below 72.50 may open downside toward 71.00 in the near term.
Image from Uniglobe Markets: *OIL Technical Overview*  Crude Oil (WTI) continues to hold its bullis...

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