Crude Oil managed to fall below the support of 80.00 which could push for a further drop.
As we see on the chart, the market is facing the first intraday resistance around 80.30 with the second resistance laying at 81.50. If prices hold below one of those resistances, more of a drop toward 77.50 and 76.50 will be expected.
Above 81.50 more advance could hit the market with resistance around 82.50.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 79.10 | 80.30 |
| LEVEL2 | 77.50 | 81.50 |
| LEVEL3 | 76.00-50 | 82.50 |
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