Crude Oil hit the targets of 61.50 and resistance 63.50 whilst dropping and closing again to support zone of 59.50-90.
As we see over the chart and as long as the market holds above the support of 59.50-90, another advance wave toward 63.20-50 and 64.80 will be expected.
Below 59.50 more of a drop could hit the market with support around 57.60.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 60.85 | 62.20 |
| LEVEL2 | 59.50-90 | 63.20-50 |
| LEVEL3 | 57.60 | 64.80 |
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The post Crude Oil –19.05.2025 appeared first on Orbex Forex Trading Blog.