BRNUSD

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BRNUSD

Crude oil futures are attempting to find balance amid factors such as the possibility of deferring the production increase plan at the OPEC+ meeting and manufacturing activity in China being better than expected. In the Middle East, political uncertainty in Syria and Israel's commitment to a ceasefire with Hezbollah are also causing turmoil in the region. Among external factors, the moderate nature of the U.S. restriction plans against China and the calm trend in U.S. index futures are elements affecting the oil markets.

On the chart, Brent crude oil prices are moving within the 72.5 - 73.0 resistance zones. The levels of 71.5 and 71.0 stand out as important support points. The RSI indicator is at the 55 level, displaying a positive outlook, which indicates the potential for prices to move upwards. A 0.29% increase compared to the previous day was observed. If prices demonstrate a sustained movement above the 72.5 - 73.0 resistance zone, the level of 73.5 may come into play.

Support :

71.5 - 71 - 70.5

Resistance :

72.5 - 73 - 73.5