Crude Oil Technical Analysis: Oil supported at $67.72 a barrel

• Crude oil fell for the second consecutive day and is trying to find support at the 67.72 support.
• As 67.72 was a key level in the last weeks it might be unlikely that the market will not try at least a bullish attempt towards 68.30 or even the 69.00 figure. 
• On the flip side, failure to hold prices above 67.72 can lead to a continuation of the bear move towards 67.16 and 66.53 June 20 high.  

Crude oil 15-minute chart

Spot rate:             67.81
Relative change:  0.79%     
High:                    68.49
Low:                     67.28

Trend:                  Bullish

Resistance 1:      68.30 supply/demand level
Resistance 2:      69.00 figure
Resistance 3:      69.44 June 25 high
Resistance 4:      70.00 figure   
Resistance 5:      70.53 May 24 low 
Resistance 6:      71.19 May 23 low  
Resistance 7:      72.13 July 6 low
Resistance 8:      73.00 figure

Support 1:      67.72 June 26 low
Support 2:      67.16 June 14 high
Support 3:      66.53 June 20 high
Support 4:      65.71, June 22 low
Support 5:      65.00 figure