DAILY ANALYSIS -FURTHER DOWNSIDE
On Thursday US oil fell more than 4% as supply glut have offset the production cut agreement.
According to our daily analysis , if US Oil break the levels 46.65 - 47 it's very likely that will be reaching the 42.97 - 42.90 zone. If the US OIL drop below 43.70 - 43.50, then will try to find next support at 42.97 - 42.20.
According to our daily analysis , if US Oil break the levels 46.65 - 47 it's very likely that will be reaching the 42.97 - 42.90 zone. If the US OIL drop below 43.70 - 43.50, then will try to find next support at 42.97 - 42.20.
Note
Hasn't broken the resistance. Looks that will fall more
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.