
Crude Oil held below the resistance of 64.30-60 while the downtrend pressure is still on the market.
As long as the market holds below this resistance, then the downtrend pressure could sustain towards the 59.50 target.
Above 65.80 more advance will be expected with resistances at 67.20 and 70.20.
SUPPORT | RESISTANCE | |
LEVEL1 | 61.25-50 | 64.30-60 |
LEVEL2 | 59.50 | 65.80 |
LEVEL3 | 57.60 | 67.50 |
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