Crude Oil met its target in the 77.20-40 range before a quick corrective drop.
The chart indicates a support zone around 73.25-74.00, which may encourage another advance toward 77.20-40 and possibly 78.80.
A drop below 73.00 could test the 72.00-20 support zone, potentially activating another upward wave.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 73.25-74.00 | 75.70 |
| LEVEL2 | 72.00-20 | 77.20-40 |
| LEVEL3 | 70.000 | 78.80 |
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The post Crude Oil – 08.10.2024 appeared first on Orbex Forex Trading Blog.
