Forex Trading Library

Oil (F) 2017-11-27

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Crude Oil managed to hold trades above 56.60 support where market managed to add more advance toward 59.00 zone and closing from second target 59.60 as we advised last week

will expect the comming Short-Run to have a trading zone between support 54.80-55.00 and resistance 62.60

As long as market holding trades above 54.80 the uptrend wave will sustain toward 62.40-60 zone

  Support Resistance
Level 1 57.90 59.60
Level 2 56.60-90 61.00
Level 3 54.80-55.00 62.60
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