Crude Oil –13.03.2025

Crude Oil –13.03.2025

Crude Oil remained above the support of 64.75 and managed to rebound toward the first target of 66.65 so far.

As we see from the chart and as long as the market keeps holding above 64.75, a chance for a further rebound toward 68.25 is likely.

Below 64.75 more of a drop is likely with supports at 63.80-90 and 62.4

SUPPORT RESISTANCE
LEVEL1 64.75 68.25
LEVEL2 63.80 70.15
LEVEL3 61.75 71.20

Join our responsible trading community - Open your Orbex account now! 

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss