Crude Oil managed to rebound above the 80.30 resistance and closed from the second resistance 82.50.
As we see on the chart and if the market holds below 82.50, another drop toward the 79.20-80.00 zone will be expected. Below this level, more of a drop toward 77.50 and 76.00 could hit the market
Above 83.60 more of an advance toward 85.50 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 79.25-80.00 | 82.50-75 |
| LEVEL2 | 77.50 | 83.60 |
| LEVEL3 | 76.00 | 85.50 |
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The post Crude Oil – 18.07.2024 appeared first on Orbex Forex Trading Blog.
