Technical Analysis: Crude Oil - Tuesday, June 2

Crude Oil managed to hold a trading zone as traders watch the progress with negotiations between Iran and the USA.

Crude Oil –02.06.2026

Crude Oil managed to hold a trading zone as traders watch the progress with negotiations between Iran and the USA.
Intraday shows the chance for a trading zone between support 85.40-60 and resistance 94.30.
Above 94.30 the advance could expand toward 102.20.
Below 85.40 more of a drop could hit the market while the short term support zone remains at 76.00-79.00.

SUPPORT

RESISTANCE

LEVEL1

85.40-60

94.30

LEVEL2

79.00

102.20

LEVEL3

76.00

103.60

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