Technical Analysis: Crude Oil - Tuesday, June 23

Crude oil prices are targeting pre-war levels near 68.00 after failing to hold the 79.20 resistance level.


Crude Oil –23.06.2026

Crude Oil managed to re-test the resistance of 79.20 last week 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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