Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the U.S. Federal Reserve interest rate cuts.
CURRENTLY MOVING ON UP TREND
Expecting correction up to 77.15
Today’s important levels for trading are 76.74, 77.2, 78.06 and 78.74
Trading idea for today: Buy On Dip
Trade setup:
Looking pullback Buy around@77.15, Deeper Buy around@76.60
Safe swing sell below 76.30,
Safe swing buy above 78.30
Remark: This market analysis is published to increase your awareness, but not to give instructions to make a trade.