As we advised yesterday and as we see over our previous chart
Crude Oil managed to hit target 55.00-20 as we advised before
Market now having chance for some drop correction as long as market holding trades below 55.20 where a retreate may hit market toward 53.60 befor advance resume ( market managed to hit 53.97 yesterday)
Above 55.20 market may enter new uptrend wave that may target 59.60 zone
Below 53.60 more drop is expected with another support at 52.80
| Support | Resistance | |
| Level 1 | 53.60 | 55.00-20 |
| Level 2 | 52.80 | 56.50 |
| Level 3 | 51.50 | 58.00 |