Forex Trading Library

Crude Oil –24.01.2025

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Crude Oil managed to fell below 74.75 support which may creat more drop pressure over the market as we advised before

As we see over the chart market facing first Intraday resistance zone around 75.45-95 where as long as market keep holding trades below it a farther drop toward 72.00-30 support zone may hit the market which in turn may activate a rebound correction movement

Above 75.95 more advance toward 77.20-60 will be expected

SUPPORT RESISTANCE
LEVEL1 73.90 75.45-95
LEVEL2 72.00-30 77.20-60
LEVEL3 68.35 79.20

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