Crude Oil – 13.02.2025

Crude Oil – 13.02.2025

Crude Oil remains under pressure towards 68.35.

The market managed yesterday to re-test the resistance zone of 73.25-50 which is still intact on the chart.

As long as the market holds below 74.60, the downtrend pressure could continue toward 68.35.

Above 74.60 more advance will be expected.

Prices dropped to test the support of 70.30.

SUPPORT RESISTANCE
LEVEL1 70.30 73.25-50
LEVEL2 68.35 74.60
LEVEL3 66.60 76.40

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