Crude Oil – 29.05.2024
![Crude Oil - 29.05.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/05/29150237/oil-29.05.2024-2-750x430.png)
Crude Oil hit another rebound correction, as anticipated in the last few weeks.
On the chart, the market is closing in on the 81.00-25 resistance zone, and if prices remain below this resistance, then another drop towards 77.50 will be expected.
Above 81.25, more advancement towards 84.15 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 79.40 | 80.40 |
LEVEL2 | 77.50 | 81.25 |
LEVEL3 | 75.50 | 84.15 |
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