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We are closely monitoring war news on $ukoil (petrol) charts. Iran and the US are making strong statements and moves.
#Ukoil is also experiencing sharp increases. The 2022 peak of 133 is close. This is within the blue zone that could act as resistance.
This region has been a resistance for many years. The peak level was also seen at 147 in 2008.
When it enters the blue zone, peace plans will be discussed.
Looking at the charts, it still shows that there is a possibility of peace even if the situation remains stagnant.