Crude Oil still holding our expected drop wave correction where we advised last month that continues trade below resistance 66.60 may hit drop correction toward 59.00
Intraday Levels showing a break yesterday below 62.75 where the downtrend pressure still affecting market where target still toward 59.00 zone
Above 62.80 market may head for farther rebound correction toward 64.00-20 zone
Support | Resistance | |
Level 1 | 60.80 | 61.90 |
Level 2 | 59.00 | 62.80 |
Level 3 | 58.20 | 64.20 |