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02.10.202310:12 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset, Monday October 02,2023.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 02.10.2023 analysis

With the appearance of deviation between price movement with RSI indicator, then in a few days ahead, this commodity asset has the potential to weaken up to the level 88,19 as the main target and level 79,34 as the second target. Bur all of these scenarios will be cancel itself if #CL retreat back upside until break above the level 95,02.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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