Oil (F) 2018-04-10
Crude Oil managed to hold trades below resistance 64.00 where managed to test our target and support zone 62.00 as we advised last week
Intraday Levels showing resistance at 64.50-70 which if managed to hold the market another drop correction may hit market toward 62.00-20 zone
Above 64.70 market may add more advance to test 65.50-60 zone which in turn may push for drop correction toard 64.50-70
Above 55.60 more advance to re-test 66.60 may hit the market
Support | Resistance | |
Level 1 | 63.00-15 | 6450-70 |
Level 2 | 62.00 | 65.50-60 |
Level 3 | 59.90 | 66.60 |