Forex Trading Library

Oil (F) 2017-12-18

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

Crude Oil managed to head for another advance before re-testing 54.80-55.00 support zone

Market may head for a trading zone within the comming short-run between 54.80 and 58.70 as we see over the chart

Above 58.70 more advance will be expected toward 59.60 and 62.40

  Support Resistance
Level 1 56.50 57.80
Level 2 55.80 58.50-60
Level 3 54.80-55.00 59.60
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