Forex Trading Library

Crude Oil –07.03.2025

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Crude Oil managed to hit a 65.12 low in the past two days closing to the support 64.75.
As we see over the chart and as long as the market holds above 64.75 a chance for a rebound correction toward 66.65 and 68.25 could hit the market.
Below 64.75 more of a drop is likely with supports at 63.80-90 and 62.45.

SUPPORT RESISTANCE
LEVEL1 66.15-50 68.35-50
LEVEL2 64.75 70.00
LEVEL3 63.90 71.20

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