Oil (F) 2018-01-03

Posted on

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

Crude Oil managed finally to break above 58.60 and managed to met target 59.60 

Market still on the uptrend wave as long as market keep holding trades above 58.00-40 zone where market may set a new target toward 62.00 as we see over the chart

Below 58.00 market may head again for another drop wave that may target 55.50-80 zone

  Support Resistance
Level 1 59.85 60.70
Level 2 59.30 62.00
Level 3 58.00-40 62.60
(Visited 10 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex