Oil (F) 2017-04-06

Oil (F) 2017-04-06

Crude Oil managed to jump above resistance 51.202 days ago  which may set new target toward 53.60 and 54.50

as long as market holding above support 49.00-50 more advance toward 53.60 and 54.50 is expected

below 49.00 zone more drop toward 47.50 may hit the market

Support Resistance
Level 1 50.70 51.70-80
Level 2 49.00-50 52.50
Level 3 48.00 53.60

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