As we advised before, Oil managed to hold trades inside trading zone between 54.80 and 58.70
As we see over the chart , market closing from resistance zone 58.40-70 where as long as market holding below another drop wave toward 54.80-55.00 is expected
Above 58.70 more advance toward 59.60 and 62.40 is expected
| Support | Resistance | |
| Level 1 | 56.50 | 58.40-70 |
| Level 2 | 55.80 | 59.60 |
| Level 3 | 54.80 | 60.80 |