Crude Oil –04.09.2025

Crude Oil managed to back to drop scenario before testing resistance 66.15

As we see over the chart, market back under drop pressure where target back toward 59.50 zone

As we see over y=the Intraday chart, as long as market keep holding trades below 65.00-20 this drop swing scenario may occure

Market facing supports at 62.80 and 61.50

Above 65.20 market may add more advance to test resistance zone 66.15-67.25

 

SUPPORT RESISTANCE
LEVEL1 62.80 65.00-20
LEVEL2 61.50 66.15
LEVEL3 59.50 67.25

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