Oil (F) 2017-12-21

As we advised before, Oil managed to hold trades inside trading zone between 54.80 and 58.70

As we see over the chart , market closing from resistance zone 58.40-70 where as long as market holding below another drop wave toward 54.80-55.00 is expected

Above 58.70 more advance toward 59.60 and 62.40 is expected

	Support	Resistance
Level 1	56.50	58.40-70
Level 2	55.80	59.60
Level 3	54.80	60.80