Crude oil broke above $70.00 a barrel after it found support at 68.30, key level, last Friday. Crude oil is currently having a pullback after the recent strong $1.50 bull move. The 70.00 and 69.44 levels should now act as support. Bulls objective is to breakout above 70.53. A breakout above the level can lead to a continuation move towards 73.00 figure in the near-future. Crude Oil WTI 15-minute chart Spot rate: 70.28 Relative change: 1.94% High: 70.41 Low: 68.77 Trend: Bullish Resistance 1: 70.53 May 24 low Resistance 2: 71.19 May 23 low Resistance 3: 72.13 July 6 low Resistance 4: 73.00 figure Support 1: 70.00 figure Support 2: 69.44 June 25 high Support 3: 69.00 figure Support 4: 68.30 supply/demand level Support 5: 67.72 June 26 low Support 6: 67.16 June 14 high Support 7: 66.53 June 20 high Support 8: 65.71, June 22 low Support 9: 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 US Dollar tumbles below 94.30, session lows FX Street 5 years Crude oil broke above $70.00 a barrel after it found support at 68.30, key level, last Friday. Crude oil is currently having a pullback after the recent strong $1.50 bull move. The 70.00 and 69.44 levels should now act as support. Bulls objective is to breakout above 70.53. A breakout above the level can lead to a continuation move towards 73.00 figure in the near-future. Crude Oil WTI 15-minute chart Spot rate: 70.28 Relative change: 1.94% High: 70.41 Low:… 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.
