
Crude Oil managed again to re-test 68.00 resistance zone as we advised before
AS we see over the Intraday chart, market facing resistance zone around 66.30-60 where as long as market keep holding trades below it the drop pressure may sustain for another test toward 63.70 support
Abobe 66.60 more advance toward 68.00-50 zone will be expected
Above 6850 more advance toward 70.10 and above may hit the market
SUPPORT | RESISTANCE | |
LEVEL1 | 64.80 | 66.30-60 |
LEVEL2 | 63.70 | 68.00-50 |
LEVEL3 | 61.50 | 70.10 |
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