Crude Oil Initiates Reversal, Next Resistance at 78
Recent market trends indicate a potential reversal in oil prices, with the commodity poised for an upward movement. The next significant resistance level stands near the 200-day moving average, hovering around 78 and the support level remains steady at 70.
|
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
|
81 |
78 |
74 |
70 |
68 |
64.9 |