Crude Oil managed to hit the target 70.90 and advanced further while still holding below the 71.50-72.50 resistance.
As we see over the Intraday chart, if prices hold below 72.50, another drop will be expected toward the 63.90-64.75 zone.
The market managed to retreat toward 70.80 so far.
SUPPORT | RESISTANCE | |
LEVEL1 | 66.80 | 68.60 |
LEVEL2 | 64.75 | 69.80 |
LEVEL3 | 63.50 | 71.50 |
Join our responsible trading community - Open your Orbex account now! |