Prices hit a high around 64.10 two days ago and fell lower to close again to the support zone of 59.50-90.
As we see from the chart, the market faces resistance around 64.80, where as long as prices hold below it a chance for a correction is likely.
Above 64.80 the market could activate an advance towards 66.90.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 59.50-90 | 61.30 |
| LEVEL2 | 57.60 | 62.10 |
| LEVEL3 | 55.20 | 64.10 |
The post Crude Oil –23.05.2025 appeared first on Orbex Forex Trading Blog.