CFDs on WTI Crude Oil
Short

0415-USOIL Analysis

197
snapshot

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

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