
Crude Oil managed to break below the 63.70 level which could push for a further drop.
As we see over the chart, prices face resistance around 64.40 where as long as the market holds below it, more of a drop toward 59.50 could hit the market.
Above 64.40 more advance is likely with resistances around 66.15 and 67.40.
The market managed so far to drop toward 61.45.
SUPPORT | RESISTANCE | |
LEVEL1 | 60.50 | 62.80 |
LEVEL2 | 59.50 | 64.40 |
LEVEL3 | 57.60 | 66.15 |
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