Forex Trading Library

Crude Oil –23.01.2025

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Crude Oil dropped toward 76.40 and below and managed to maintain trades above the second support of 74.75.

As we see over the chart and as long as the market holds above 74.75, another advance toward 79.20 will be expected.

Below 74.75 more of a drop could hit the market toward 68.35.

SUPPORT RESISTANCE
LEVEL1 74.75 77.60
LEVEL2 72.00-30 79.20-60
LEVEL3 68.35 82.20

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