
Crude Oil managed to break above 68.50 as prices remain inside the uptrend wave.
As we see over the chart the market is facing support around 67.50-70 where as long as the market holds trades above it, the advance wave could sustain towards 72.15 and 73.00-50.
Below 67.50 a chance for a further drop could hit the market with supports around 64.60 and 63.70.
SUPPORT | RESISTANCE | |
LEVEL1 | 67.50-70 | 69.50 |
LEVEL2 | 64.60 | 72.15 |
LEVEL3 | 63.70 | 73.50 |
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