Crude Oil – 06.11.2025

We still holding our previous outlook for the Crude Oil

Market managed to hit some drop correction from resistance 62.60 while managed to broke below support 60.00

As we see over our previous chart, market facing support around 58.50 which if managed to support the market a rebound movement to re-test 62.60 resistance may hit the market

Below 58.50 more drop will be expected with support at 56.00

 

SUPPORT RESISTANCE
LEVEL1 58.50 62.60
LEVEL2 56.00 64.35
LEVEL3 54.80 66.20

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