#Crudeoil Update | MCX | Mar 12

🛢️ Time Frame: 1 Hour
📉 Status: Bullish
📅 Date: 12.03.2024

🔸In the hourly timeframe, crude oil appears to be following a parallel channel, trading within a specific range.

🔸Expect upward movement in prices on Wednesday, possibly influenced by production reduction and inventory data.

🔸Expected
Traget 1 - 6554
Target 2 - 6584