Crude Oil – 28.01.2025

Crude Oil – 28.01.2025

Crude Oil met the target of 72.00-30 yesterday before prices hit a rebound as expected.

As we see over the chart, the market could keep trading toward the support of 72.00-30 which if managed to hold, prices could further rebound toward 75.15 and 77.20.

Below 72.00 more of a drop toward 68.35 could. hit the market

SUPPORT RESISTANCE
LEVEL1 72.00-30 73.65-74.25
LEVEL2 70.00 75.15
LEVEL3 68.35 77.20-60

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