Forex Trading Library

Crude Oil –12.08.2026

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Crude Oil managed to pass above the resistance of 80.50 which gave the market power for further advance.
As we see over the chart, prices face a trading zone between support 80.50 and resistance 85.10.
Below 80.50 more of a drop is expected toward 77.30.
Above 85.10 more advance toward 89.00 is likely.

SUPPORT RESISTANCE
LEVEL1 80.50 85.10
LEVEL2 77.30 89.00-50
LEVEL3 75.80 93.00
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