Forex Trading Library

Crude Oil – 02.01.2024

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As we advised in the last few weeks and as we see over our previous chart

Crude Oil still holding our previous trading zone between support 66.15 and resistance 72.00-50

While market maintain this trading zone the indicators start to signal a big advance toward 75.25 zone

Intraday supports start from 71.30-50  while above 72.50 more advance toward 75.25 will be expected

 

SUPPORT RESISTANCE
LEVEL1 71.30-50 72.50
LEVEL2 70.50 75.60
LEVEL3 68.35 77.90

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