Crude Oil held below the resistance at 66.30-60 which managed to push prices for a further drop toward 65.00 so far to close in on the first support of 64.85.
Intraday first resistances are at 65.50 and 66.30-60. If prices hold below one of those resistances then the pressure could sustain with support around 63.70.
Above 66.60 more advance toward 68.00-50 will be expected.
Above 68.50 more advance toward 70.10 and above could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 64.85 | 65.50 |
| LEVEL2 | 63.70 | 66.30-60 |
| LEVEL3 | 61.50 | 68.50 |
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