Crude Oil managed to hit 70.90 and added more advance while still holding below the resistance 71.50.
As we see over the Intraday chart, if prices remain below 71.50 another drop back will be expected toward the 63.90-64.75 zone.
Above 72.50 more advance toward 74.00 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 67.65 | 71.50 |
LEVEL2 | 64.75 | 72.50 |
LEVEL3 | 63.50-90 | 74.00 |
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