Oil managed to reach around 84.58 to close from the resistance at 85.10.
As we see from the chart, prices have resistance around 85.10, where as long as the market holds below it, a drop toward 77.30 and lower could hit the market.
Above 85.10 more advance toward 89.00 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 82.40 | 85.10 |
| LEVEL2 | 80.45 | 88.00-89.00 |
| LEVEL3 | 77.30 | 93.00 |
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