Crude Oil – 03.03.2025

Crude Oil – 03.03.2025

As we advised last week and as we see over our previous chart

Crude Oil managed to met target 68.35 and managed to hit rebound correction as expected toward first target 70.15 as we advised before

As we see over the Intraday chart, market facing resistance around 71.20 while support still at 68.35 where a trading zone may control market here

Above 71.20 more advance will be expected with resistance around 73.05-45

Below 68.35 more drop will be expected toward 66.15-50

 

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

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