Crude Oil managed to break below the 66.70 support whilst falling toward 64.70.
As we see on the chart, the market is still facing a 67.70-68.50 resistance trend where as long as the market holds below this level, the chance for another drop wave to test 63.90 zone could hit the market.
Above 68.50 Oil could gain more strength for an advance toward 70.90.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 66.70 | 67.70-68.50 |
| LEVEL2 | 64.70 | 70.90 |
| LEVEL3 | 63.90 | 72.50 |
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The post Crude Oil – 11.09.2024 appeared first on Orbex Forex Trading Blog.
