Crude Oil – 01.11.2024

Crude Oil – 01.11.2024

Crude Oil managed to sustain an advance toward the target 69.65-85 and above.

As we see over the chart, prices now face a possible trading zone between support 69.70 and resistance 72.00-20.

Above 72.20 more advance could hit the market toward 74.20.

Below 69.70 more of a drop toward 68.15 will be expected.

 

SUPPORT RESISTANCE
LEVEL1 69.70 72.00-20
LEVEL2 68.15 74.20
LEVEL3 66.55 75.60

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