Forex Trading Library

Crude Oil – 20.12.2024

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Prices still hold the expected trading zone between support 66.15 and resistance 72.00-50.
Market managed today to break below the Intraday support of 68.75 which could lead for a drop toward 67.50 and 66.15.
Above 69.10 the market could restore strength for an advance toward 70.50-95 and 72.00-50.
Below 66.15 more of a drop could hit the market with support at 64.75

SUPPORT RESISTANCE
LEVEL1 67.50 68.75-69.10
LEVEL2 66.15 70.50-95
LEVEL3 64.75 72.00-50

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