Thu Nov 11, 2021
UKOIL is bearish
In the energy market, the upward trend in inventories in the USA, which is one of the significant producers, continues to create pressure. Technically, unless 84.50 resistance is not broken upwards, bearish moves will deepen to 81.45. And below this support, 80.70 and 79.80 levels will be on our radar. On the other side, in case of a rise above 83.45, we will follow 84.50 and 85.70.