Forex Trading Library

Crude Oil 30.10.2024

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Crude Oil maintained trades below the resistance of 69.65-85 and dropped further.

As we see on the Intraday chart, prices face resistance around the 68.00 zone and if prices hold below it then the downtrend wave could move toward the target of 65.80.

Above 68.00 more advance toward 69.65-85 could hit the market.

 

SUPPORT RESISTANCE
LEVEL1 65.80 68.00
LEVEL2 64.75 69.65-85
LEVEL3 63.30-50 72.00-20
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