Oil (F) 2018-08-29

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As we advised early this week and as we see over our previous chart

Crude oil managed to sustain drop wave toward targeted zone 64.00-50 in the last 2 weeks

Market anaged to head for fast rebound correction where Intraday Levels showing a chance for trading zone between upport 66.00 and resistance 70.50

Below 66.00 market may head for farther drop movement where support layinf at 64.50

  Support Resistance
Level 1 67.30 69.80
Level 2 66.00 70.50
Level 3 64.50 71.60


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