Crude Oil is facing resistance around 63.60-65.10 which prices tested last week before dropping towards 54.90.
As long as this resistance zone 63.60-65.10 holds, the bearish wave could sustain toward the 50.00-50 zone.
Above 65.10 more advance will be expected toward 69.80.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 58.40 | 61.90 |
| LEVEL2 | 56.15 | 63.60 |
| LEVEL3 | 54.85 | 65.10 |