Oil (F) 2017-12-27
Crude Oil managed finally to break above 58.60 and managed to met target 59.60 yesterday
Market still on the uptrend wave as long as market keep holding trades above 58.00-40 zone where market may set a new target toward 62.00 as we see over the chart
Below 58.00 market may head again for another drop wave that may target 55.50-80 zone
Support | Resistance | |
Level 1 | 59.00 | 60.00 |
Level 2 | 58.00-40 | 61.00 |
Level 3 | 57.00 | 62.40 |