Forex Trading Library

Crude Oil –06.04.2026

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Crude Oil met the targets of 102.50, 104.35 and closed toward the 107.70 zone.
As we see over the Intraday chart, the advance is facing some pressures with the first support around 104.35-75, where as long as the market holds above it, the advance could expand towards 112.70 and above.
Below 104.35 more of a drop could hit the market with support at 99.10-40 could lead to another advance.
Below 99.10 more of a drop is likely as trend support at 96.00-30 could activate the advance again.

SUPPORT RESISTANCE
LEVEL1 104.35-75 108.25
LEVEL2 99.10-40 112.70
LEVEL3 96.00-30 115.75
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