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0415-USOIL Analysis
CFDs on WTI Crude Oil
Short
0415-USOIL Analysis
By KENJICHEN
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Apr 15, 2019
4
Apr 15, 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
oilcrash
Support and Resistance
Trend Analysis
Trend Lines
Crude Oil WTI
usoilshort
KENJICHEN
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