Crude Oil hit 61.50 and broke above it last Friday.
Price action now faces the first Intraday support around 61.50. if prices remain above it the advance wave could sustain toward the second target and resistance of 64.80.
Below 61.50 the market could add more drop correction with the second support at the 59.50-90 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 61.50 | 63.00 |
| LEVEL2 | 59.50-90 | 64.80 |
| LEVEL3 | 58.00-20 | 66.80 |