Forex Trading Library

Crude Oil – 01.07.2024

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Crude oil still holds the advanced wave, with prices moving toward the 83.00-60 target zone.

The market could sustain this trading zone where support is still around 80.00.

Above 83.60, the market could head for a further advance toward 85.50.

Below 80.00, more of a drop toward 77.50 is likely.

SUPPORT RESISTANCE
LEVEL1 80.00 83.00-60
LEVEL2 78.90 85.50
LEVEL3 77.50 87.20

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