09.02.202609:03 Forex Analysis & Reviews: Although Crude Oil is in a sideways condition, but it is under pressure from sellers who are trying to dominate.

Relevance up to 22:00 2026-02-09 UTC--5

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[Crude Oil]

Although #CL is moving sideways, but sellers still appear to be trying to take control, as it is confirmed by the RSI(14) which is in the Neutral-Bearish level.

Key Levels

1. Resistance. 2 : 65.80

2. Resistance. 1 : 64.65

3. Pivot : 63.43

4. Support. 1 : 62.28

5. Support. 2 : 61.06

Tactical Scenario

Pressure Zone: If the price breaks down below 62.28, there is potential pressure toward 61.06.

Momentum Extension Bias: If 61.06 is also broken to the downside, there is potential for further weakness down to 59.91.

Invalidation Level / Bias Revision

The downside bias is restrained if the price strengthens and breaks above 65,80.

Technical Summary

EMA(50) : 63.47

EMA(200): 63.46

RSI(14) : 38.85

Economic News Release Agenda:

Tonight there are no economic data releases from the United States.

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