Crude Oil – 25.07.2024
![Crude Oil – 25.07.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/07/25163417/oil-chart-25.07.2024-750x430.png)
Crude Oil managed to meet the target 76.00-50 as we projected.
As we see over the chart, the market still holding above the support of 76.00. If prices hold above this level a chance for a rebound correction toward resistance 79.20 could hit the market.
Below 76.00 more of a drop could hit the Oil towards the 72.45-95 zone.
SUPPORT | RESISTANCE | |
LEVEL1 | 76.00 | 77.90 |
LEVEL2 | 72.45-95 | 79.20 |
LEVEL3 | 68.20 | 82.20 |
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