Forex Trading Library

Oil (F) 2018-05-14

0 172

Crude Oil managed to close from target 72.00 last week as we advised before

Intraday Levels showing resistance at 72.00-50 zone while support at 69.40 with chance for trading zone

Above 72.50 more advance toward 74.00 is expected

Below 69.40 more drop toward 67.50-60 is expected

  Support Resistance
Level 1 70.15 71.15
Level 2 69.40 72.00-50
Level 3 68.00 74.00
Leave A Reply

Your email address will not be published.