Crude Oil managed to break above 58.80 last week to advance and test the resistance trend around 60.50-70.
As we see over the chart, prices still face resistance at 60.50-70, which could push for a correction with supports at 59.15 and 58.10.
Below 58.10, more of a drop towards 56.00 is likely.
Above 60.70 more advance towards 62.60 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 59.15 | 60.50-70 |
| LEVEL2 | 58.10 | 62.60 |
| LEVEL3 | 56.00 | 64.35 |
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