Forex Trading Library

Crude Oil – 22.11.2024

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Crude Oil held above the support of 66.15 and managed to hit a rebound movement toward 69.25 and 70.35.

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.

Intraday supports are at 69.25 and 68.45

SUPPORT RESISTANCE
LEVEL1 69.25 71.25
LEVEL2 68.40 72.50
LEVEL3 66.15 74.20

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