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Oil continues rise, with a barrel price reaching the highest price of $ 73.03 since November 2014 at yesterday's session.

Technical Comment: Oil is trading in today below the resistance zone of 72.85-73.45. Black gold could provide a bearish rebound towards the levels of 70.45-67.50.

Comment on the Previous Analysis: Oil broke above 67.25

Expected Daily Trend: Bearish below 72.85-73.45

 

Important Levels:

Support: 71.80 - 71.00 - 70.45

Resistance: 72.85 - 73.45 - 74.00

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