Oil (F) 2017-04-19
as we advised yesterday and as we see over our previous chart
Crude Oil managed to head for drop correction after printing first target 53.60
market now facing support at 51.25 where as long as market holding above another advance toward second target 54.50 still on hand
below 51.25 more drop toward 49.60 will be expected
Support | Resistance | |
Level 1 | 52.00 | 53.75 |
Level 2 | 51.25 | 55.00 |
Level 3 | 49.60 | 56.00 |