Crude Oil managed to hit a fast correction and as result of easing tensions in the Middle East.
As we see over the chart, and as long as the market holds above 63.70, a chance for a rebound toward 68.00 is likely.
The market managed to hit the first resistance of 67.00.
Below 63.70 more of a drop could hit the market toward 59.55.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 64.80 | 68.00 |
| LEVEL2 | 63.70 | 70.10 |
| LEVEL3 | 61.90 | 72.10 |
The post Crude Oil 08.07.2025 appeared first on Orbex Forex Trading Blog.