Crude Oil met the target of 59.50 while managing to drop below it.
As we see over chart, prices face a resistance zone at 60.25-50, and if the market holds below it, more of a drop could hit the market towards 57.60 or 55.60.
Above 60.50 more of a rebound is likely towards the 62.55-63.00 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 57.60 | 60.25-50 |
| LEVEL2 | 55.20 | 62.55-63.00 |
| LEVEL3 | 53.25 | 64.60 |
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