Crude Oil managed to break below the support of 76.00 as the agreement between Iran and US remains valid.
As mentioned before that below the 76.00 level, the prices will go towards the 68.00 zone which are the pre-war price levels.
The market is facing resistance around 79.20 where as long as the market holds below, the pressure will continue.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 74.40 | 76.50 |
| LEVEL2 | 71.35 | 79.00 |
| LEVEL3 | 68.00 | 80.50 |
