Forex Trading Library

Crude Oil – 11.06.2024

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Crude Oil advanced above 76.50, which could maintain the current advance for a while.
As seen on the Intraday chart, prices face support around 76.00, where if prices hold above, the advance movement could sustain to the resistance zone around 80.40.
Below 76.00, more of a drop toward 73.60 could hit the market which in turn could activate another advance movement with the base support around 72.45.


LEVEL1 76.00 78.40
LEVEL2 73.60 80.40
LEVEL3 72.45 81.25

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