Crude Oil – 31.10.2024

Crude Oil – 31.10.2024

Crude Oil managed to pass above the 68.00 resistance which could push for another advance toward 69.65-85.

As we see over the chart, the market faces support around 67.70 where if prices remain above it, the advance movement could sustain toward 69.68-85.

Below 67.70 the downtrend pressure could move prices toward 65.80.

SUPPORT RESISTANCE
LEVEL1 67.70 69.65-85
LEVEL2 65.80 72.00-20
LEVEL3 64.75 74.15

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