Crude Oil – 26.07.2024

Crude Oil – 26.07.2024

Crude Oil managed to meet the target of 76.00-50 as previously predicted.
As we see on the chart the market still holding above the support 76.00 despite that the market printed a few pips below it yesterday. If prices remain above this level a chance for rebound correction toward resistance 79.20 could hit the market.
Below 76.00 more of a drop could hit the Oil toward the 72.45-95 zone.

SUPPORT RESISTANCE
LEVEL1 76.00 78.50-79.20
LEVEL2 72.45-95 82.20
LEVEL3 68.20 83.60

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