Crude Oil hit the targets 77.45 and 79.40.
As we see from the chart, and despite the market is trading inside the overbought zone, the Intraday levels show the first support at 77.30. If prices remain above this level, the advance could continue towards 83.90 and 87.00, where each resistance could lead to a correction.
Below 77.30 more of a drop could hit the market as support at 74.40 could activate the advance again.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 77.30 | 80.90 |
| LEVEL2 | 74.40 | 83.90 |
| LEVEL3 | 71.00-72.00 | 87.00 |