Crude Oil managed to meet the target of 61.50 last Friday.
As we see over the Intraday chart, prices face resistances around 63.50 and 65.00-80, where as long as the market holds below one of those resistances another drop swing toward 59.50 could hit the market.
Above 65.80 more advance will be expected with resistance around 70.20.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 61.25-50 | 63.50 |
| LEVEL2 | 59.50 | 65.00-80 |
| LEVEL3 | 57.60 | 70.20 |