Forex Trading Library

Crude Oil –20.01.2025

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Crude Oil retreated from the resistance 79.20-60 as the market closed from the target and support of 76.40.

As we see over the chart, the market could hold this trading zone between 76.40 and 79.60.

Below 76.40 more of a drop will be expected with support around 74.75.

Above 79.60 more advance will be expected with resistance around 82.20.

SUPPORT RESISTANCE
LEVEL1 76.40 79.20-60
LEVEL2 74.75 82.20
LEVEL3 72.30 83.90

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