Crude Oil managed to hit the target of 54.80 which caused a rebound.
As we see over our previous chart, the market is facing the chance for a trading zone between support 54.80 and resistance 57.05.
Above 57.05 more advance to re-test the 59.00 resistance is likely.
Below 54.80 more of a drop toward 50.50 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 54.80 | 57.05 |
| LEVEL2 | 52.50 | 59.00 |
| LEVEL3 | 50.50 | 60.10-30 |
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