FX.co ★ Technical Analysis of Daily Price Movement Crude Oil Commodity Instrument, Thursday June 12, 2025.

If we look at the daily chart of the Crude Oil commodity instrument, there appears to be a Divergence between the price movement of #CL and the Stochastic Oscillator indicator, which is an indication that there is a possibility that #CL will experience a weakening correction in the next few days, but as long as the correction does not break through and close below the level of 59.86, #CL still has the potential to strengthen again to the level of 71.10, even if the volatility and momentum of the strengthening support it, #CL will go to the level of 73.73.

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