Crude Oil held above the support of 76.00 while managing to pass above the resistance at 92.35.
As we see over the chart, the market is facing a trading zone between support 87.00-85.00 and resistance 99.00 as the advance could continue if the Strait of Hormuz remains closed.
Below 85.00 more of a drop could hit the market with supports at 79.00 and 76.00 as the market could move higher.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 87.00-85.00 | 99.00 |
| LEVEL2 | 79.00 | 106.00 |
| LEVEL3 | 76.00 | 108.35 |