Crude oil is about to end the day virtually unchanged as the market traded between 67.72 support and $68.88 a barrel. As crude oil didn’t manage to breakout above 69.00, it is a sign of weakness for bulls which opens up the possibility of the potential resumption of the bear trend. A breakout above 69.00 could lead to a breakout towards 70.00. Support is the 67.72 level, June 26 low and 67.16 June 14 high. Crude oil WTI 15-minute chart Spot rate: 68.09 Relative change: 0.13% High: 68.88 Low: 67.67 Trend: Bullish above 69.00 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 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 NEO Technical Analysis: NEO/USD big under performer down 7%, at threat of giving up $30 territory FX Street 5 years Crude oil is about to end the day virtually unchanged as the market traded between 67.72 support and $68.88 a barrel. As crude oil didn't manage to breakout above 69.00, it is a sign of weakness for bulls which opens up the possibility of the potential resumption of the bear trend. A breakout above 69.00 could lead to a breakout towards 70.00. Support is the 67.72 level, June 26 low and 67.16 June 14 high. Crude oil WTI 15-minute chart Spot rate: 68.09 Relative change: 0.13% High: … 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.
