Oil (F) 2018-09-04

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Crude oil managed to break above 70.50 which may hold an uptrend wave inside trading zone formation between 68.70-69.00 support and 71.60 and 72.20 resistances

Below 68.70 market may add more drop toward 66.30 support while Below this support 64.50 Old support may be under attack

Above 72.20 more advance toward 74.00 may hit the market

  Support Resistance
Level 1 70.40-50 71.60
Level 2 69.50 72.20
Level 3 68.70 74.00

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