Crude Oil rebounded yesterday and looking at the intraday chart, prices are in a downtrend around 59.90-60.25, which could look for another drop.
Above 60.25 more advance will be expected with resistances around 61.50 and 63.50.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 57.60 | 59.90-60.25 |
| LEVEL2 | 54.90 | 61.50 |
| LEVEL3 | 50.00-50 | 63.50 |
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