Oil (F) 2018-03-08

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Crude Oil managed to fell below 61.00 zone where market may sustain drop pressure as long as market holding trades below 62.00

As market holding below 62.00 the risk for farther drop is on hand where support at 59.50 and 58.00-30

Above 62.00 market may restore strength again where 63.70-90 will become a possible target

Support Resistance
Level 1 60.50 62.00
Level 2 59.50 63.20
Level 3 58.00-30 63.90
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