Forex Trading Library

Crude Oil –28.02.2025

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Crude Oil met the target 68.35 and managed to hit a rebound as expected toward the first target of 70.15.
As we see over the Intraday chart, market is facing resistance around 71.20 with support still at 68.35 where a trading zone could control market here.
Above 71.20 more advance will be expected with resistance around 73.05-45.
Below 68.35 more of a drop toward 66.15-50 is likely.

SUPPORT RESISTANCE
LEVEL1 68.35 71.20
LEVEL2 66.15-50 73.05-45
LEVEL3 64.75 74.65

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