Overall, US Crude Oil remains in a bullish trend. As long as the price trades above the 90.30 level, it will attempt to reach 93.10 and potentially extend higher toward 94.60.
However, if the price declines and confirms a 4-hour candle close below 90.30, further downside momentum is expected toward the support levels at 89.10 and 87.55.
Resistance Levels: 93.10 – 94.60
Support Levels: 89.10 – 87.55
Current Price: 90.35
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