Crude Oil prices declined after re-testing the 79.20 resistance level as geopolitical tensions eased between the U.S. and Iran.
Crude Oil managed to re-test the resistance of 79.20 yesterday before the market dropped as the deal to end the war between Iran and US is still valid.
Targets are still towards pre-war levels around the 68.00 zone.
Above 80.35 more advance could hit the market towards the 84.50-85.50 zone.
SUPPORT | RESISTANCE | |
LEVEL1 | 71.35 | 76.50 |
LEVEL2 | 69.15 | 79.20 |
LEVEL3 | 67.60 | 80.50 |
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