Crude Oil met the target of the 83.00-60 zone and retreated as expected.
Should prices remain below 83.60, a correction could hit the market with support at 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.
Intraday levels show the chance for trading zone between support 80.00 and resistance 83.60
| SUPPORT | RESISTANCE | |
| LEVEL1 | 81.95 | 83.60 |
| LEVEL2 | 80.00 | 85.50 |
| LEVEL3 | 77.50 | 87.20 |
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The post Crude Oil – 04.07.2024 appeared first on Orbex Forex Trading Blog.
