Crude Oil advanced above 76.50, which could maintain the current advance for a while.
As seen on the Intraday chart, prices face support around 76.00, where if prices hold above, the advance movement could sustain to the resistance zone around 80.40.
Below 76.00, more of a drop toward 73.60 could hit the market which in turn could activate another advance movement with the base support around 72.45.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 76.00 | 78.40 |
| LEVEL2 | 73.60 | 80.40 |
| LEVEL3 | 72.45 | 81.25 |
|
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