Crude Oil –04.08.2025

Crude Oil –04.08.2025

 

Crude Oil fell below the support of 67.50 which could push for a further drop.
As we see over the chart the market stilll facing the previous support at 63.70 which could create a trading zone towards 67.40.
Above 67.40 more advance toward 70.00 will be expected.
Below 63.70 more of a drop is likely with supports at 62.00 and 59.50.

SUPPORT RESISTANCE
LEVEL1 63.70 67.40
LEVEL2 62.00 70.00
LEVEL3 59.50 73.00

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