Crude Oil – 02.09.2025

Crude Oil managed to break above the resistance of 65.00 which could push for a further advance toward 69.00.
As we see over the Intraday chart, the market is facing support around 63.60-90, where as long as the market holds above it, more advance will be expected with resistances around 66.15 and 67.25.
Below 63.60 more of a drop will be expected with support around 61.50.

 

SUPPORT RESISTANCE
LEVEL1 64.25 66.15
LEVEL2 63.60 67.25
LEVEL3 61.50 70.20

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