as we advised last week and as we see over our previous chart
Crude oil still holding trades above support 47.80 which still providing chance for farther advance toward target 51.70-52.00 zone
as long as market holding above this support zone the target will remain valid
below 47.80 market may head for farther drop toward 45.90 zone
| Support | Resistance | |
| Level 1 | 47.80 | 50.00-40 |
| Level 2 | 47.00 | 51.70-80 |
| Level 3 | 45.80-90 | 53.00 |