Forex Trading Library

Crude Oil – 24.04.2025

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Crude Oil managed to hit a high around 64.80 yesterday as the market still holds below the 65.10 resistance.

As we see from the Intraday chart, the market is facing a chance for a trading zone between support 61.50 and resistance 65.10.

Below 61.50 more of a drop toward 58.00 will be expected.

Above 65.10 more advance is likely with resistances around 66.90 and 69.80.

SUPPORT RESISTANCE
LEVEL1 61.50 65.10
LEVEL2 58.00 66.90
LEVEL3 54.90 69.80

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