Crude Oil faces pressure as prices keep holding below the first resistance of 71.60 whilst targeting toward the 67.20-50 zone.
This support zone 67.20-50 could push for rebound toward 71.00.
Below 67.00 more of a drop toward 65.50 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 69.25 | 70.75 |
| LEVEL2 | 67.20 | 71.60 |
| LEVEL3 | 65.50 | 72.20 |
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The post Crude Oil – 16.10.2024 appeared first on Orbex Forex Trading Blog.
