Forex Trading Library

Crude Oil –12.05.2026

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Crude Oil managed to pass above the resistance of 96.90 which could push for an advance towards the target of 106.00-108.35.
Prices are facing support around 93.90 where as long as the market holds above it, more advance will be expected.
Below 93.90, the market could begin to show some weakness which could push for a further drop with support at the 84.20-85.20 zone.

SUPPORT RESISTANCE
LEVEL1 93.90 101.25
LEVEL2 91.50 104.50
LEVEL3 87.30 106.50
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