Oil (F) 2018-10-29
Crude Oil still facing downtrend pressure as long as market holding trades below 68.50 zone
Intraday levels showing support at 66.90 where below this level more drop pressure will be expected over the Oil
Short-Run support laying at 63.40-60
Above 68.50 more advance toward70.00 levels will be expected
Support | Resistance | |
Level 1 | 66.90 | 67.90 |
Level 2 | 65.70 | 68.50 |
Level 3 | 63.40-60 | 70.00 |