Forex Trading Library

Crude Oil – 14.08.2024

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Crude Oil managed to meet the target 78.00-25 and above as previously projected.

As we see on the Intraday levels, the market still has supports around 76.00 and 74.20 and one of those supports still has the chance to push for a further advance toward the 81.00-50 zone.

Below 74.20 more of a drop to retest the support trend 71.40-80 could hit the market.

SUPPORT RESISTANCE
LEVEL1 76.00 78.80
LEVEL2 74.20 81.00-50
LEVEL3 71.40-80 83.90

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