Oil (CL_5Z) New Contract
45.81
Oil has corrected its recent upward breakout, now we do expect a higher price to come and re-test for the recent high roughly @ 50s.
However, if the market fell below 44s, then a lower price of 42-41 would be the next target.
| Support | Resistence | |
| Level 1 | 45.00 | 46 |
| Level 2 | 44.20 | 47.50 |
| Level 3 | 42.50 | 48.30 |
