Crude oil WTI Technical Analysis: Oil grinding higher, supported above $66.00 a barrel

• Crude oil found support at the 66.00 level and then tested the 66.56 May 31 low resistance on Tuesday.
• Bulls are grinding higher as the market has also found support at the daily 100-period simple moving average.  
• The API weekly Crude Oil Stock is scheduled at 20:30 GMT on Tuesday, it is the forerunner of the most popular EIA data on Wednesday at 14:30 GMT.

Crude oil WTI 15-minute chart

Spot rate:                      66.11
Relative change:           0.00%      
High:                             66.67
Low:                              65.84

Trend:                           Bullish

     
Resistance 1:               66.56 May 31 low
Resistance 2:               67.30 key supply level
Resistance 3:               68.30 May 30 swing high      

Support 1:                    66.00 key support
Support 2:                    64.12-63.72 demand zone
Support 3:                    62.25 March 16 close