Oil (F) 2018-02-26

Posted on

As we advised last week, As Crude broke above resistance 62.10 more advance still on hand where market managed today to hit target 63.80

Intraday Showing first support at 62.30 where as long as market holding above more advance to test 65.20-30 will be expected, while above this zone more advance to re-tetst 66.60 is expected

Below 62.30market may head for farther drop to re-test 60.75 support which in turn may provide some rebound correction

  Support Resistance
Level 1 62.30 64.30
Level 2 60.75 65.20-30
Level 3 58.50 66.60
(Visited 5 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