Crude oil Support and Resistance
1. Key Support & Resistance (Recent Technical Outlook) 📌 Brent Crude (Spot) Resistance Zones: ~$70 / $73.6 per barrel — major upside hurdles where selling pressure may intensify. Support Levels: ~$65 per barrel — near-term floor; secondary support ~$62.50 if breakdown accelerates. 📊 Interpretation:• Above $70–$73 suggests strength and potential bullish continuation.• Below $65 signals […]
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