Oil (F) 2017-11-15
Crude Oil fell below 55.00-20 support level where market closing from daily support at 54.40-50 zone
As long as market holding above this zone another advance toward 56.80 will be expected as we see over the chart
Below 54.40 market may add more drop movement toward 52.85 zone
Support | Resistance | |
Level 1 | 54.40-50 | 55.50 |
Level 2 | 53.60 | 56.85 |
Level 3 | 52.80 | 87.70-90 |