Crude oil Weekly Forecast

Monthly Forecast, September – October, 2023

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 82,72, which will be followed by reaching resistance level 93,67.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 82,82, which will be followed by moving down to support level 65.

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