Forex Trading – Crude Oil futures
Yesterday, in the first trading hours, Crude Oil futures were in range 76.35-78.55 USD. This morning the Crude Oil futures are trading at 76.30-76.55 USD.
According to the analyses of Trading212, if Crude Oil futures break the resistance levels at 76.55-77.30 USD, the aim will be reaching and testing the zone 77.80-78.60 USD. If it is successful, the upward trend will continue to 79.25-79.60 USD.
If the Crude Oil futures drop below the support levels at 76.40-75.95 USD, they will try to find a next support at 75.40-75.00 USD. In case of breaking down, the downward trend will continue to 74.45-73.70 USD