Crude Oil – 13.06.2025

Crude Oil managed to break above 64.80 resistance while managed to met target 66.90

Crude Oil managed to jump fast today on the brutal Zionist attack on Iran where managed to hit 75.25 high

Market beeing on the over bought zone managed to push for drop correction toward first support 69.75 which still holding the market so far which may creat trading zone toward 75.00

Below 69.75 the drop correction may expand toward 67.60

Above 75.25 market may add more advance while traders need to be carfull as in this situation the Oil will be in the over bought zone which may push for fast drop correction

 

SUPPORT RESISTANCE
LEVEL1 69.75 75.25
LEVEL2 67.60 79.60
LEVEL3 64.80 83.20

 

The post Crude Oil – 13.06.2025 appeared first on Orbex Forex Trading Blog.