0415-USOIL Analysis

15 באפר׳ 2019

USOIL
Oil seems demand to have correction because of close below $64 last week, thus there would reveal downward pressure today.

Therefore, around at 63.70 and reversal horizon will be a good situation to short oil.

Once if oil breakdown 63.11, the correction will target to 62.77 or more.

Support: 62.77 / 63.11
Resistance: 63.70 / 64.02