Crude Oil –07.02.2025
As we advised last week and as we see over our previous chart
We still holding our previous model as we advised last week
Crude Oil still under drop pressure toward target 68.35
We adjusted the key resistance level to be around 74.30-60 where as long as market keep holding trades below it the drop pressure will sustain
Above 74.60 more advance will be expected
first Intraday resistance laying at 72.90
| SUPPORT | RESISTANCE | |
| LEVEL1 | 70.50 | 72.90 |
| LEVEL2 | 68.35 | 74.30-60 |
| LEVEL3 | 66.60 | 76.40 |
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