Crude Oil managed to fall below 58.15 yesterday which kept the pressure on prices so far.
As we see over the chart and as long as the market remains below the 59.00 resistance, the drop pressure could sustain to hit another low below 57.00 and to get closer to the 56.00 support.
On the other hand, prices need to advance above 60.10 in order to gain more strength which could push prices towards the 62.60 resistance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 57.05 | 59.00 |
| LEVEL2 | 56.00 | 60.10 |
| LEVEL3 | 54.90 | 62.60 |
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