
Crude Oil managed to break above the resistance of 65.00 which could push for a further advance toward 69.00.
As we see over the Intraday chart, the market is facing support around 63.60-90, where as long as the market holds above it, more advance will be expected with resistances around 66.15 and 67.25.
Below 63.60 more of a drop will be expected with support around 61.50.
SUPPORT | RESISTANCE | |
LEVEL1 | 64.25 | 66.15 |
LEVEL2 | 63.60 | 67.25 |
LEVEL3 | 61.50 | 70.20 |
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