CrudeOil in major resistance area may give breakout*$$CrudeOil is trading near major resistance area with positive news around the world for it. If Iran block Strait of Hormuz then it will give breakout from this area for target of 6655-6722 area & then 6988, 7301, 7500,7750.
If Iran problem solved with USA then it may fall also from this resistance area with fast momentum for target of 6033, 5633, 5155, 4733.
Please consult your advisor before taking any trade & with proper risk management.
Thank You
