Oil (F) 2017-11-20
As we advised last week and as we see over our previous chart
Market managedto hold trades above support 54.40-50 where managed today to hit target 56.85
Market now facing support at 55.50 where as long as market holding above more advance toward 57.80 and 59.60 may hit the market
Below 54.40 more drop toward 52.80 will be expected
Support | Resistance | |
Level 1 | 55.50 | 56.85 |
Level 2 | 54.40-50 | 57.90 |
Level 3 | 52.80 | 59.60 |