#USCrudeoil Update || Mar 11 - Forex

🛢️ Time Frame: 1 Hour
📉 Status: Bearish
📅 Date: 11.03.2024

🔸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.

#OilMarket #TradingAnalysis