Oil (F) 2018-03-29
Crude Oil managed to head for another drop correction from resistance zone 66.60 as we advised in our last model since last week
Market managed to test support 63.60-64.00 zone where Intraday resistance level laying at 64.80-65.10
As long as market holding above 63.60 another advance wave may develop toward 66.20-60
Above 65.10 the Intraday level signals may start gather strength for farther advance
Below 36.60 more drop toward 62.50-60 may hit market where the uptrend may restor strength again
Support | Resistance | |
Level 1 | 63.60 | 64.80-65.10 |
Level 2 | 62.50-60 | 66.20-60 |
Level 3 | 61.40 | 68.00 |