Forex Trading Library

Crude Oil – 20.11.2024

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Crude Oil held above the support of 66.15 and managed to hit a rebound movement toward 69.25.

As we see on the chart and as long as the market holds above 66.15, a chance for more advancement toward 70.35 and 71.35 will be expected.

Below 66.15 more of a drop could hit the market with supports around 64.75 and 63.30.

SUPPORT RESISTANCE
LEVEL1 68.40 70.35
LEVEL2 66.15 71.35
LEVEL3 64.75 72.50

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