Forex Trading Library

Crude Oil – 03.07.2024

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Crude Oil managed to meet the target 83.00-60 zone and retreated as expected.

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 further advance toward 85.50.

Below 80.00, more of a drop toward 77.50 will be expected

Intraday levels show the chance for trading zone between support 80.00 and resistance 83.60.

LEVEL1 82.00-30 83.60
LEVEL2 81.30 85.50
LEVEL3 80.00 87.20

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