US OIL

US OIL

The U.S Oil price is trading below the key resistance level of 47.15. In order for the upward move to continue, it needs to rise and remains above that level on a four-hourly basis. At this point, the next resistance level will be at 48.15. Otherwise, we will face 46.60 and 45.95 as support levels.

Support: 46.60 – 45.95 – 45.25

Resistance: 47.15 – 48.15 – 48.70

21 Jul 17 (Fri)

10:40 am



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