Oil (F) 2017-04-11

as we advised last week and as we see over our previous chart

Crude Oil managed to jump above resistance 51.20  which may set new target toward 53.60 and 54.50 ( market already print 53.24 high)

as long as market holding above support 49.45 more advance toward 53.60 and 54.50 is expected

below 49.40 zone more drop toward 47.50 may hit the market

	Support	Resistance
Level 1	51.85	53.60
Level 2	50.75	54.50
Level 3	49.40	55.10