Forex Trading Library

Oil (F) 2017-11-14

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

Crude Oil still holding uptrend wave where market still targeting 59.60 zone

Market facing support zone at 56.40 & 55.00-20 where as long as market holding above more advance toward 59.60 is expected

Below 55.00 more drop to test 53.60 may hit the market before uptrend restore strength again toward 59.60

  Support Resistance
Level 1 56.40 57.20
Level 2 55.00-20 57.90
Level 3 53.60 59.60
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