Forex Trading Library

Oil (F) 2017-12-07

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Crude Oil managed to fell below 56.80 where we advised before that below this level more drop will be expected

Market facing Intraday support at 55.75 while main support zone still at 54.80-55.00

The comming short-run showing ability for trading zone beteen 54.80 and 57.90

As long as market holding trades above main support 54.80 the uptrend wave will sustain toward 59.60 target

  Support Resistance
Level 1 55.70 56.40
Level 2 54.80-55.00 57.10
Level 3 53.80 57.90
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