Forex Trading Library

Oil (F) 2018-04-24

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Crude Oil managed to head for rebound correction to test 69.30-50 resistance as we advised yesterday but from 67.15 low not from 67.50 

Market still facing 69.30-50 resistance where as long as market holding below another drop correction may hit the Oil toward 66.00 zone

Above 69.50 Oil may head for farther advance toward 72.00 zone

  Support Resistance
Level 1 68.60 69.30-50
Level 2 67.15 70.50
Level 3 65.60-80 72.00
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