Forex Trading Library

Crude Oil – 02.07.2024

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Crude Oil managed to meet the target at the 83.00-60 zone.
As projected yesterday and as we see on our previous chart, if prices remain below 83.60, a correction could hit the market with supports at 82.30 and 80.00.
Above 83.60, the market could head for another advance toward 85.50.
Below 80.00, a drop toward 77.50 will be expected.

LEVEL1 82.30 83.60
LEVEL2 81.30 85.50
LEVEL3 80.00 87.20

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