Forex Trading Library

Crude Oil –15.01.2025

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Crude Oil managed to initiate an advance wave in the last few weeks and managed to meet the targets of 75.25 and 76.00-30 and above.

As we see over the chart, the market is facing support around 74.75 with resistance at 79.00-20 which could hold a trading zone.

Below 74.75 more of a drop toward 72.30 could hit the market.

SUPPORT RESISTANCE
LEVEL1 76.00 79.00-20
LEVEL2 74.75 82.20
LEVEL3 72.30 83.90

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