Oil (F) 2018-06-05
Crude Oil continue retreated as US asked SaudiArabia and another OPECNations to boost Oil output by 1 million barrels aday to control price rising
Crude Oill managed to fell below 65.00 yesterday which may push for farther drop over Short-Run
As long as market holding below 65.90 resistance more drop toward 60.00 zone is expected
Above 65.90 market may head for farther rebound correction toward 68.00 zone
Support | Resistance | |
Level 1 | 64.00 | 65.90 |
Level 2 | 63.20 | 67.30 |
Level 3 | 62.00 | 68.50 |