Crude Oil met the target of 58.10 and managed to break below it.
As we see over the Intraday chart, the market is facing the first Intraday resistance around 58.40, where as long as prices hold below it, the pressure could continue towards the second target and support of 56.00, which in turn could cause a rebound.
Above 58.40 a chance for further move towards the trend resistance of 60.00 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 56.00 | 58.40 |
| LEVEL2 | 54.90 | 60.00-20 |
| LEVEL3 | 51.80 | 62.60 |
The post Crude Oil – 21.11.2025 appeared first on Orbex Forex Trading Blog.