Crude Oil –15.05.2025

Crude Oil managed to met targets 61.50 and resistance 63.50 while managed to hit some drop correction movement and closing again from support zone 59.50-90

As we see over the chart and as long as market keep holding trades above support 59.50-90 another advance wave toward 63.20-50 and 64.80 will be expected

Below 59.50 more drop may hit the market with support around 57.60

SUPPORT RESISTANCE
LEVEL1 59.50-90 61.50
LEVEL2 57.60 63.20-50
LEVEL3 56.30 64.80

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