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30.03.202307:36 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset, Thursday March 30 2023.

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Exchange Rates 30.03.2023 analysis

On the daily chart, the Crude Oil commodity asset shows that the Stochastic Oscillator indicator is in a positive position and is also followed by the presence of the Bullish 123 pattern followed by the appearance of Ross Hook (RH) so that in the near future, although it seems that there will be a decline in #CL during the decline does not exceed the 69.12 level, then #CL has the potential to appreciate upwards to the 74.59 level as the main target to be tested and if momentum and volatility are sufficiently supportive, the 79.39-82.35 area level will be the next target that #CL will try to test.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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