Crude Oil met the target of the 83.00-60 zone and retreated as expected.
Should prices remain below 83.60, a correction could hit the market with support at 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.
Intraday levels show the chance for trading zone between support 80.00 and resistance 83.60
| SUPPORT | RESISTANCE | |
| LEVEL1 | 81.95 | 83.60 |
| LEVEL2 | 80.00 | 85.50 |
| LEVEL3 | 77.50 | 87.20 |
|
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)
