Crude Oil faces ongoing pressure as long as the market remains below the first resistance of 71.60.
The support zone of 67.20-50 could push for a rebound correction toward 71.00.
Below 67.00 the market could add more of a drop toward 65.50.
Above 71.60 prices could start to show a rebound.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 69.25 | 70.75 |
| LEVEL2 | 67.20-50 | 71.60 |
| LEVEL3 | 65.50 | 72.20 |
The post Crude Oil – 17.10.2024 appeared first on Orbex Forex Trading Blog.
