Crude Oil remained above the support of 64.75 and managed to rebound toward the first target of 66.65 so far.
As we see from the chart and as long as the market keeps holding above 64.75, a chance for a further rebound toward 68.25 is likely.
Below 64.75 more of a drop is likely with supports at 63.80-90 and 62.4
| SUPPORT | RESISTANCE | |
| LEVEL1 | 64.75 | 68.25 |
| LEVEL2 | 63.80 | 70.15 |
| LEVEL3 | 61.75 | 71.20 |
Join our responsible trading community - Open your Orbex account now!
