As we see over the chart, Crude Oil still has the chance for another drop toward the 68.60-90 zone.
As long as the market remains below 72.00, this drop correction is still valid.
The first Intraday support is at 70.30.
Above 72.00 prices could head toward 73.75 and 75.40.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 70.30 | 72.00 |
| LEVEL2 | 69.30 | 73.75 |
| LEVEL3 | 68.60 | 75.40 |
|
Join our responsible trading community - Open your Orbex account now! |