BRNUSD

Oil futures have begun to show signs of recovery as the process of implementing tariffs on Canada and Mexico is being monitored. Trump reiterates that he will implement his plan, creating uncertainty about whether oil will be subject to any exceptions.

If prices remain above the support level of 76.00, the likelihood of an upward trend continuing increases. Should prices start to rise, levels of 77.00 and 77.50 could be targeted. On the other hand, as long as the 76.00 support remains valid, a new upward potential may emerge. However, for a downward movement to continue, closures below the 76.00 level should be observed. In this case, levels of 75.50 and 75.00 may come into play. The critical level for the day has been set at 76.00.