Crude Oil is still holding an advanced wave with the target still towards 80.40.
As we see over the Intraday chart, the market is facing the first support around 76.90, and if prices remain above, then an advance toward 80.40 will be expected.
The resistance zone laying around 80.40-81.25 old cause a correction toward 76.00.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 76.90 | 79.00 |
| LEVEL2 | 76.00 | 80.40 |
| LEVEL3 | 73.50 | 81.25 |
|
Join our responsible trading community - Open your Orbex account now! |
![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)
