ANALYSIS
NQ100 Finds Support from PPIApr 14
UKOIL recovers its recent losses
Supply concerns caused rises in Brent oil futures as Russia used Kinzhal hypersonic missiles in Ukraine for the first time. Oil gained reaction at the lowest level of the last 20 days, which it reached on March 16, and if it recovers to 112.80 resistance, we will follow 11.620 and 119.70 indicated by Fibonacci 61.8 percent expansion line. In further rises, we will follow 123.00, which was seen on March 9. On the other side, 105.75 and 102.15 support levels will be on our radar.
