Another bounce for Crude oil from this support?

١٢ يونيو ٢٠٢٣

Crude oil is cheap again.
It bounced from this support previously, looking at the daily chart.
Traders await the FED policy meeting and new interest rate announcement. They should pause the hikes for the foreseeable future.
Targeting $71+ and $74+.

١٦ يونيو ٢٠٢٣

ملاحظة

First target hit.
The second one won't be so easy to hit.