Crude Oil –01.07.2025

Crude Oil –01.07.2025

Crude Oil managed to hit a  fast correction and as result of easing tensions in the Middle East.
Prices hit targets 71.45, 68.00 and closed from the third support 63.70.
As we see over the chart, and as long as the market holds above 63.70, a chance for a rebound correction toward 68.00 could hit the market.
Below 63.70 more of a drop could hit the market toward 59.55.

SUPPORT RESISTANCE
LEVEL1 63.70 67.00
LEVEL2 61.90 68.00
LEVEL3 59.55 72.10

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