Crude Oil managed today to test support zone of the uptrend channel around 45.50-70 as we see over the chart
As long as market holding above this zone the uptrend wave will sustain target toward 50.00-40
Below 45.50 more drop will be expected toward 44.50 and 43.50
| Support | Resistence | |
| Level 1 | 45.50-70 | 46.55 |
| Level 2 | 44.50 | 47.45 |
| Level 3 | 43.50 | 48.40 |