Crude Oil managed to test the downtrend line around 87.60 which has so far managed to hold prices.
As we see from the chart, this downtrend resistance could push for a wider drop towards the 67.00-68.00 zone.
Above 87.60 more advance towards the 93.00-95.00 zone is likely.
Support remains at the 78.00-25 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 79.40 | 83.00 |
| LEVEL2 | 78.00 | 85.30 |
| LEVEL3 | 73.60 | 87.60 |
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