Oil (F) 2018-08-15

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crude Oil managed to sustain drop pressure after tested resistance 69.90 as we advised early this week

Intraday Levels showing support around 65.70 if managed to hold market another rebound is expected before drop pressure back again toward target 64.00-50

Below 65.70 this rebound signals will be corrupt which may provide farther drop toward 64.00-50 zone

  Support Resistance
Level 1 65.70 66.90
Level 2 64.50 68.35
Level 3 64.00 69.10


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