Forex Trading Library

Crude Oil –17.07.2026

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Our previous outlook still stands for Crude Oil.
As we see over our previous chart, Oil managed to meet the target at 79.20 and pass above it.
Prices still have room for further advance as war escalates in the Middle East.
Support zone is at 75.50-75 with resistance at 85.50-87.50.

 

SUPPORT RESISTANCE
LEVEL1 77.30 81.00-82.00
LEVEL2 75.50-75 85.50
LEVEL3 70.70 87.50
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