Oil (F) 2018-01-11

0 2

Crude oil managed to break above resistance 62.60 where market may have chance to sustain advance as next resistance laying at 66.00-60 zone

From that zone market may have chance for a drop correction with trading zone toward support 59.00

Above 66.60 with daily close above this level may provide market with new uptrend wave toward 74.00 zone

  Support Resistance
Level 1 63.00 64.60
Level 2 61.80 65.50
Level 3 59.00 66.60

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