Crude Oil managed to meet the target at the 83.00-60 zone.
As projected yesterday and as we see on our previous chart, if prices remain below 83.60, a correction could hit the market with supports at 82.30 and 80.00.
Above 83.60, the market could head for another advance toward 85.50.
Below 80.00, a drop toward 77.50 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 82.30 | 83.60 |
| LEVEL2 | 81.30 | 85.50 |
| LEVEL3 | 80.00 | 87.20 |
|
Join our responsible trading community - Open your Orbex account now! |