Crude Oil printed above the resistance at 59.40 which could lead to another advance.
As we see over the chart, the market is facing the first support at 58.80 as the second support at 57.50 will target towards 62.60.
Below 57.50 more of a drop toward 55.60 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 58.80 | 60.30 |
| LEVEL2 | 57.50 | 62.60 |
| LEVEL3 | 55.60 | 64.50 |