Crude Oil fell below the support of 67.50 which could push for a further drop.
As we see over the chart the market is still facing the previous support at 63.70 which could create a trading zone towards 67.40.
Prices yesterday hit below 63.70 and printed a low around 63.15 before obtaining a daily close above 63.70 which created a conflict on market view.
As long as the market holds a daily close above 63.70, the advance wave could return.
Below 63.15 this will be considered as a break which could push toward the 59.60 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 63.70 | 64.60 |
| LEVEL2 | 62.00 | 66.15 |
| LEVEL3 | 59.50 | 67.20-40 |
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