Crude Oil is testing the 85.50-87.50 resistance zone as Middle East tensions drive prices higher.
Crude Oil gained further steps with Middle East tensions as prices are moving towards the target and resistance zone of 85.50-87.50.
This resistance zone could push for a correction towards the 80.00-82.00 zone.
Above 87.50 more advance toward 92.50 is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 79.50 | 85.50 |
LEVEL2 | 77.50 | 87.50 |
LEVEL3 | 75.80 | 92.50 |
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