Crude Oil managed to pass above the resistance of 80.50 which gave the market power for further advance.
As we see over the chart, prices face a trading zone between support 80.50 and resistance 85.10.
Below 80.50 more of a drop is expected toward 77.30.
Above 85.10 more advance toward 89.00 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 80.50 | 85.10 |
| LEVEL2 | 77.30 | 89.00-50 |
| LEVEL3 | 75.80 | 93.00 |
The post Crude Oil –12.08.2026 appeared first on Orbex Forex Trading Blog.
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