Oil Maintains Positive Stability

The price of oil (US/OIL) continues to maintain its positive stability above the level of 61.15, supporting our expectation of a continued upward trend. Today's trading expectations for oil are as follows:

Today's trading expectations:

Stop Loss: 60.80

Target 1: 62.00

Target 2: 62.30

Expected trading range: between support 61.00 and resistance 63.00

General expected trend for today: Upward

Do you expect the positive trading to continue or a downward correction to occur? Share your opinion in the comments!

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