Crude Oil held below the key resistance of 65.10 which could lead to a drop toward 50.00-50.
However, the Intraday levels could break below the support of 61.50, and a drop lower that will hit the 58.40 support as we see over the chart.
Prices could create a trading zone between support 58.40 and resistance 61.90.
Market will face 61.90, 63.65 and 65.10 as possible resistances for the drop wave to sustain toward the 50.00-50 target.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 58.40 | 61.90 |
| LEVEL2 | 56.50 | 63.65 |
| LEVEL3 | 54.90 | 65.10 |
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The post Crude Oil – 30.04.2025 appeared first on Orbex Forex Trading Blog.