Oil (F) 2018-07-16
As we advised last week and after Crude Oil broke below support 72.00-20
We still holding same view for the Oil that as long as market holding trades below 72.00-20 a bigger drop wave will be expected toward 64.00-50 zone
Above 72.20 more advance toward 74.00 may hit the market
Support | Resistance | |
Level 1 | 67.75-68.00 | 70.30 |
Level 2 | 66.60 | 71.60 |
Level 3 | 65.50 | 72.20 |