BRNUSD

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BRNUSD

Crude oil futures are rising due to the U.S. pressure on Iran's oil exports and increasing geopolitical risks. Additionally, plans by some OPEC+ members to reduce production to compensate for violations of production quotas are also supporting this increase. Throughout the day, the condition of European and U.S. stock markets should be monitored closely.

If prices remain above the support levels of 71.50 - 72.00, an upward trend may emerge. Potential upward targets could be the 72.50 and 73.00 levels. However, if declines occur and the 71.50 - 72.00 support is maintained, a new upward potential could develop. In this context, it is important to monitor movements below 71.50 and hourly closes; in such a case, the 71.00 and 70.50 levels may come into focus.

Support :

72 - 71.5 - 71

Resistance :

72.5 - 73 - 73.5