Forex Trading Library

Crude Oil – 25.07.2024

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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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