Crude Oil –05.08.2025
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 | 64.60 | 67.40 |
| LEVEL2 | 63.70 | 70.00 |
| LEVEL3 | 62.00 | 73.00 |

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