Forex Trading Library

Crude Oil –09.06.2026

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Crude oil has resumed its decline as tensions in the Middle East have eased.

As shown on the chart, the market is still holding above the 85.40–85.60 support zone. If prices remain above this area, an advance toward 102.20 could begin at any time, especially given the fragile situation between Iran and Israel.

A break below 85.40 could trigger further declines, while support at 79.00 may encourage a corrective rebound.

SUPPORT RESISTANCE
LEVEL1 88.00 93.60
LEVEL2 85.40-60 95.20
LEVEL3 79.00 99.00
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