Oil (F) 2017-04-06
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/04/18054220/58e6168a15914-750x430.png)
Crude Oil managed to jump above resistance 51.202 days ago which may set new target toward 53.60 and 54.50
as long as market holding above support 49.00-50 more advance toward 53.60 and 54.50 is expected
below 49.00 zone more drop toward 47.50 may hit the market
Support | Resistance | |
Level 1 | 50.70 | 51.70-80 |
Level 2 | 49.00-50 | 52.50 |
Level 3 | 48.00 | 53.60 |