OIL Bounce off trendline support
Despite geopolitical issues worldwide, such as the Ukraine war, Gaza, and BRICS, crude oil is still in a consolidation period; the price has bounced from the lower trendline support and is expected to retest the prior trendline resistance at 76.799.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.