BRNUSD

Oil futures continued to be under pressure as concerns about Chinese demand overshadowed the three-week decline in US stocks. The course of European and US stock markets and US Q2 growth data can be followed during the day. It is seen that there is a general downtrend. Brent oil saw a high of 82.36 and a low of 81.17 on the previous trading day. Brent oil, which followed a buying trend on the last trading day, gained 0.01% daily. The RSI indicator for the commodity, which is below its 20-day moving average, is at 34.79, while its momentum is at 94.49. The 81.74 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 82.32, 82.94 and 83.52 may become important. In case of possible pullbacks, 80.52, 79.95 and 79.23 will be monitored as support levels. Support: 80.52 – 79.95 Resistance: 81.74 – 82.32