Oil (F) 2018-01-15

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As we covered last week and as we can see from our previous chart: Crude oil managed to break above the resistance level of 62.60, where the market may have the chance to sustain it's advances as the next resistance level lies at 66.00-60. From that zone the market may have the chance for a drop correction with a trading zone towards the support level of 59.00. With the daily close of 66....

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