Crude Oil still holds the downtrend wave and managed yesterday to hit a 65.12 low closing from support 64.75.
As we see over the chart and if the market holds above 64.75, a chance for rebound correction toward 66.65 and 68.25 is likely.
Below 64.75 more of a drop could hit the market with supports laying at 63.80-90 and 62.45.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 64.75 | 66.65 |
| LEVEL2 | 63.80-90 | 68.25 |
| LEVEL3 | 62.45 | 70.15 |
Join our responsible trading community - Open your Orbex account now!
