FX.co ★ CL/Crude Oil

#CL / Oil / OILUSD Hello traders! It's time for morning forecasts and intraday levels. For now, within the day, the northern signal is still valid, we just need confirmation with a breakout above the level of 67.27, which will open the way to the level of 68.00. To change the trajectory, we need to drop below the level of 65.75, which will then turn the 30-minute and 1-hour timeframes southwards, a positive sign for sellers aiming for 64.00. In this scenario, the 4-hour timeframe may also turn downwards and visit the level of 63.00. However, as long as there is turmoil around Iran, oil is likely to become more expensive. Especially now, with rumors circulating that America is backing down to attack Iran. This would be a direct blow to Trump and a plus for Israel, although Israel's current plan seems to be failing.