
Crude Oil managed to hit a fast correction and as result of easing tensions in the Middle East.
As we see over the chart, and as long as the market holds above 63.70, a chance for a rebound toward 68.00 is likely.
The market managed to hit the first resistance of 67.00 last week.
Below 63.70 more of a drop could hit the market toward 59.55.
SUPPORT | RESISTANCE | |
LEVEL1 | 63.70 | 67.00 |
LEVEL2 | 61.90 | 68.00 |
LEVEL3 | 59.55 | 72.10 |
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