Crude oil still under drop pressure over Short-run

Crude oil still under drop pressure over Short-run

Rami
05 (08) 2016 - 07:07 (GMT)
0

Crude oil (WTI) still facing drop pressure as market tested yesterday resistance zone (41.80 - 42.20) where as long as market holding below this level more drop will be expected, while Short-Run target still toward (38.00-20) zone as we see over the chart

above (42.20) more advance may hit the market toward (44.40) levels, while Oil will face resistance at (43.50) level

 

CRUDE OIL - WTI

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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