Oil $BZ $CL
The current oil dip is linked to rising anticipation for the second round of negotiations between the US and Iran.
Markets are pricing in the possibility of increased supply if a deal is reached.
However, if the negotiations fail, we might see a quick bounce back.
Levels 95–96 remain crucial support right now.
Any break below this could push prices to test 105, then 110+.
Risk management is essential since news is the main driver at the moment.
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