Oil (F) 2018-03-20

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As we advised yesterday for the Intraday levels

Crude Oil managed to hold support zone after testing 61.15-40 where managed to head from there to break above resistance 62.70 as we advised

Market now showing chance for farther advance toward 63.90 and 65.00 zone while support at 62.60 and 61.40

Below 61.40 market may head for farther drop correction toward 59.00-50 zone

 

  Support Resistance
Level 1 62.60 63.90
Level 2 61.40 65.00-20
Level 3 59.00-50 66.20-60
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