Forex Trading Library

Crude Oil –30.01.2025

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Crude Oil fell below the support of 72.00 which could add more pressure towards 68.35.

As we see over the chart, the market faces resistance around 73.25-50, where as long as prices hold below it, the drop pressure could sustain toward 68.35.

Above 74.00 more advance toward 76.40 and above could hit the market.

SUPPORT RESISTANCE
LEVEL1 71.50 73.25-50
LEVEL2 70.60 75.15
LEVEL3 69.15 76.40

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