FX.co ★ Technical Analysis Of Daily Price Movement Of Crude Oil Commodity Asset, Wednesday, March 08 2023.

From the daily price movements of the commodity assets, crude oil is seen to be moving in a ranging-sideways condition, which is also confirmed by the yellow Chop Zone indicator from CCI, even though #CL has quite good volatility, so based on the two things above, it can be concluded that as long as this doesn't happen upward correction movement that exceeds the level of 80.87 then #CL has the opportunity to fall down to the level of 73.80 in the next few days.

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