Crude Oil managed to pass above the resistance at 93.00 which could keep the advance wave going towards the target and resistance of 101.50 again.
As we see over the chart, the market is facing supports at 94.75 and 91.50-92.50, while as long as prices remain above this support, the advance is expected to move toward 101.50 and above.
Below 91.50 a chance for another drop toward 84.20-85.20 and 80.90 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 94.75 | 98.50 |
| LEVEL2 | 91.50-92.50 | 101.50 |
| LEVEL3 | 84.20-85.20 | 104.35 |