Oil is moving down since it find resistance around 51 USD, this is a strong level.
The first support zone is around 46,25. And a bigger support zone can be found around 42 USD.
For the short term, Brent Oil can move lower to 46,25 - 46,50. When this level will break, the next stop is around 42 USD.
The first support zone is around 46,25. And a bigger support zone can be found around 42 USD.
For the short term, Brent Oil can move lower to 46,25 - 46,50. When this level will break, the next stop is around 42 USD.
Trade closed: target reached:
Profit in the Pocket