Crude Oil –09.05.2025

Crude Oil broke above 60.25 today which could set a further advance.
As we see over the chart and as long as the market holds above 59.50-90, an advance movement toward targets 61.50 and 63.50 will be expected.
Below 59.50 more of a drop to test the 58.00 trend level is likely.

SUPPORT RESISTANCE
LEVEL1 59.50-90 61.50
LEVEL2 58.00-20 63.50
LEVEL3 56.50 64.80

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