Crude Oil managed to hit the target of 70.90 and added more advance while still holding below the resistance 71.50-72.50.
As we see over the Intraday chart, if prices hold below 72.50, another drop will be expected toward 63.90-64.75.
Prices retreated toward 66.17 so far.
SUPPORT | RESISTANCE | |
LEVEL1 | 66.00 | 67.40 |
LEVEL2 | 64.75 | 69.10 |
LEVEL3 | 63.50 | 69.80 |
Join our responsible trading community – Open your Orbex account now! |
The post Crude Oil – 01.10.2024 appeared first on Orbex Forex Trading Blog.