Forex Trading Library

Crude Oil –28.11.2025

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The market managed to rebound and is now testing the 59.00 resistance zone

As we see over the chart and as long as the market remains below the 59.00 resistance, the drop pressure could sustain to hit another low below 57.00 and to get closer to the 56.00 support.

On the other hand, prices need to advance above 60.10 in order to gain more strength which could push prices towards the 62.60 resistance.

 

SUPPORT RESISTANCE
LEVEL1 57.05 59.00
LEVEL2 56.00 60.10
LEVEL3 54.90 62.60
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