Crude Oil maintained its advance movement with escalating risk on the Red Sea.
As we see on the chart, Intraday levels show the first support laying around 80.00. Should prices hold above this support, the advance movement could continue towards the 83.80-84.20 resistance zone.
Below the 80.00 level, the market could head for a further drop toward the 77.50 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 80.00 | 81.60 |
| LEVEL2 | 79.00 | 83.00 |
| LEVEL3 | 77.40 | 83.80 – 84.20 |
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