Forex Trading Library

Crude Oil –04.08.2026

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We still holding our previous projection for the Crude Oil

Market open with drop gap price on USA hold back attacks on Iran while support zone 77.50 still holding

As we see over the chart, Market still looking for farther rebound toward 87.20 zone

Below 77.50 more drops toward 70.70 is likely

 

SUPPORT RESISTANCE
LEVEL1 77.50 80.65
LEVEL2 75.75 85.10
LEVEL3 70.70 87.20
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