The Crude Oil (WTI) price continues in the intermediate correction and reached now the strong support zone between the $90.00 and $92.00 levels.

The area of support is given by both long term and mid-term clues, especially Fibonacci levels and previous local highs and lows.

The mentioned support area could be a reversal zone for the next weeks but we need confirmation to look for a buy opportunity. In case of reversal in this area, the target will be in the $75.50 area.