Oil (F) 2018-04-23
Crude Oil retreated after broke above 68.60 which indicate another chance for drop correction
As we see over the chart, Intraday Levels showing ability for trading zone between 67.50 and 69.50 before market add more drop toward 65.60-80 zone which in turn may activate again the uptrend wave toward 75.00 zone
Above 69.60 market may sustain the advance toward 72.00 levels
Support | Resistance | |
Level 1 | 67.50 | 69.30-50 |
Level 2 | 66.25 | 70.50 |
Level 3 | 65.50-60 | 72.00 |