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