Crude oil made an attempt to break above $69.00 a barrel for the third time in three days but failure to hold prices above 69.00 was likely to be met with selling pressure. Crude oil bull case has weakened and bears are now getting ready for the next leg down towards 66.53 and possibly beyond. On the flip side, bulls might try to save the uptrend by trying to keep prices above 67.72 to reconquer the 69.00 once again. Crude oil WTI 15-minute chart Spot rate: 67.75 Relative change: -0.73% High: 69.28 Low: 67.56 Trend: Neutral Resistance 1: 68.30 supply/demand level Resistance 2: 69.00 figure Resistance 3: 69.44 June 25 high Resistance 4: 70.00 figure Resistance 5: 70.53 May 24 low Resistance 6: 71.19 May 23 low Resistance 7: 72.13 July 6 low Resistance 8: 73.00 figure Support 1: 67.72 June 26 low Support 2: 67.16 June 14 high Support 3: 66.53 June 20 high Support 4: 65.71, June 22 low Support 5: 65.00 figure FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Market wrap: bond yields rose amid elevated expectations of this week’s US GDP data – Westpac FX Street 5 years Crude oil made an attempt to break above $69.00 a barrel for the third time in three days but failure to hold prices above 69.00 was likely to be met with selling pressure. Crude oil bull case has weakened and bears are now getting ready for the next leg down towards 66.53 and possibly beyond. On the flip side, bulls might try to save the uptrend by trying to keep prices above 67.72 to reconquer the 69.00 once again. Crude oil WTI 15-minute chart Spot rate: 67.75 Relative change: -0.73% … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
