Oil (F) 2017-10-30
Crude Oil managed to sustain advance toward target 53.70 zone
Market managed to break above this level where more advance is expected where market will face another resistance at 55.00-20 zone
As long as market holding below this zone another drop correction toward 53.70 or 52.80 will be expected
Above 55.20 market may enter new uptrend wave that may target 60.00 zone
Support | Resistance | |
Level 1 | 53.70 | 55.00 |
Level 2 | 52.80 | 56.20 |
Level 3 | 51.75 | 58.00 |