Forex Trading Library

Oil (F) 2017-04-03

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we still hold our previous outlook for WTI Crude

Crude oil managed to head for rebound correction as market maintain trading above 47.00 zone

maket now facing resistance zone at 50.70-51.20 where as long as market holding below another drop wave may hit market toward 46.20-40 zone

above 51.20 more advance will be expected toward 53.60 zone

  Support Resistance
Level 1 49.25 50.70-51.20
Level 2 48.45 52.50
Level 3 47.00 53.60
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