Oil (F) 2018-01-25
Crude Oil managed finally to reach 66.60 resistance zone which we was expected few weeks ago
From that zone 66.60 and as long as market keep trading below 66.60 a chance for a drop correction with trading zone toward support 59.00 will be expected
Above 66.60 with daily close above this level may provide market with new uptrend wave toward 74.00 zone
Support | Resistance | |
Level 1 | 64.80 | 66.60 |
Level 2 | 62.80 | 67.80 |
Level 3 | 61.80 | 69.00 |