Oil opened today with drop gap price after Israel’s aggression strikes against Iran avoided oil facilities.
As we see over the chart, the market faces a resistance zone around 69.65-85. If prices remain below it, the downtrend pressure could sustain toward the target 65.80.
Above 69.85 more advance toward the 72.00-20 zone could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 66.15 | 68.75 |
| LEVEL2 | 64.75 | 69.65-85 |
| LEVEL3 | 63.80 | 72.00-20 |
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