Crude Oil cleared its 79.20 target as escalating Middle East conflict fuels further price gains.
Crude Oil managed to meet the target of 79.20 and pass above it.
As we see over the chart, the market still has room for more advance as war escalates in the Middle East.
The support zone is at 75.50-75 with resistance at 85.50-87.50.
SUPPORT | RESISTANCE | |
LEVEL1 | 77.30 | 81.00-82.00 |
LEVEL2 | 75.50-75 | 85.50-87.50 |
LEVEL3 | 70.70 | 93.00 |
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