Price support and resistance levels
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Natural Gas and Oil Forecast: WTI, Brent Rally as Hormuz Supply Risks Deepen
FX Empire· 2026-09-09 13:38
Currently, Brent crude is at $99.30 on the 1 hour chart. As seen recently, price pulled back to test the level which was broken at $96.95 before buying stepped in and pushed the price back up. This suggests that the newly formed resistance is now support and the trend is now up.The next area of interest is $99.41 which was support before. If this level is overcome, the next level of resistance is in the area of $103.23. If the current channel holds $88.99 is the next level of support.RSI is also in the neut ...