Forex Trading Library

Crude Oil – 01.10.2024

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Crude Oil managed to hit the target of 70.90 and added more advance while still holding below the resistance 71.50-72.50.

As we see over the Intraday chart, if prices hold below 72.50, another drop will be expected toward 63.90-64.75.

Prices retreated toward 66.17 so far.

SUPPORT RESISTANCE
LEVEL1 66.00 67.40
LEVEL2 64.75 69.10
LEVEL3 63.50 69.80

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