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AntonKolhanov
Jan 3, 2023 12:40 PM

Crude Oil Weekly Forecast (January 3 – 5, 2023) Short

Crude Oil Futures (Feb 2023)NYMEX

Description

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 76.70, which will be followed by reaching resistance level 83.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 76.70, which will be followed by moving down to support level 73.40.
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