Crude oil prices retreat toward key support at 87.35 after failing to break resistance at 95.90.
Crude Oil managed to meet the target and resistance of 95.90, before prices dropped again towards the support 87.35.
This trading zone is still valid between support 87.35 and resistance 95.90.
Above 96.35 more advance is likely.
Below 87.35 more of a drop is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 87.35 | 93.70 |
LEVEL2 | 84.00 | 96.35 |
LEVEL3 | 82.00 | 98.50 |
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