Oil (F) 2018-03-26

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Crude Oil managed to sustain advance on space room toward resistance zone 66.20-60 as we advised last week

If market failed to break above 66.60 another drop correction will be expected toward 63.60-64.00 zone

Above 66.60 more advance toward 68.00 is expected

Support Resistance
Level 1 65.25 66.60
Level 2 63.60-64.00 68.00
Level 3 62.60 69.20-60
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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