Forex Trading Library

Oil (F) 2018-05-02

0 231

Crude Oil managed to hold a trading zone where 69.50-60 resistance managed to hold the current drop correction mode where our target still remain toward 65.60-80 zone as we advised 2 weeks ago

from that zone 65.60-80 a chance for a rebound correction toward 67.00-50 zone is expected

Below 65.60 more drop may hit market toward 63.80-99 zone

  Support Resistance
Level 1 66.80 68.05
Level 2 65.60 69.60
Level 3 64.00 71.00
Leave A Reply

Your email address will not be published.