Oil bearishness came back into focus according to ADX readings along with continuous attempts to hit 32.50.
Stable move below 32.50 will weaken 30.00 psychological and 29.60, while 34.20 is the key for short-term trading.
Anyway, 33.50 could act as a ceiling for the awaited bearish scenario
Support: 32.50 – 31.60 – 30.00
Resistance: 34.20 – 35.00 – 36.05
Direction: Bearish