Forex Trading Library

Oil (F) 2017-11-20

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

Market managedto hold trades above support 54.40-50 where managed today to hit target 56.85

Market now facing support at 55.50 where as long as market holding above more advance toward 57.80 and 59.60 may hit the market

Below 54.40 more drop toward 52.80 will be expected

  Support Resistance
Level 1 55.50 56.85
Level 2 54.40-50 57.90
Level 3 52.80 59.60
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