Crude oil still holds the advanced wave, with prices moving toward the 83.00-60 target zone.
The market could sustain this trading zone where support is still around 80.00.
Above 83.60, the market could head for a further advance toward 85.50.
Below 80.00, more of a drop toward 77.50 is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 80.00 | 83.00-60 |
LEVEL2 | 78.90 | 85.50 |
LEVEL3 | 77.50 | 87.20 |
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The post Crude Oil – 01.07.2024 appeared first on Orbex Forex Trading Blog.