Forex Trading Library

Oil (F) 2017-11-28

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As we advised yesterday and as we see over our previous chart

Crude Oil managed to hold trades above 56.60 support where market managed to add more advance toward 59.00 zone before market retreat

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

Intraday levels showing first support at 57.30 and 56.50-60

  Support Resistance
Level 1 57.30 59.00
Level 2 56.60 59.60
Level 3 55.70 61.00
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