Oil Today's Technical Analysis:
Oil pair is going Downward after a big Upward movement. I would like to recommend SELL order form current price 60.18.Market can revers in Hour-four time frame today.
Technical Indicators:
RSI 14 Value: 66.448 Over sold
STOCHRSI 14 Value: 24.668
Moving Average: Sell
Technically Overviews:
The Support and Resistance levels for this pair would be:
Support 1: 60.14
Support 2: 60.02
Support 3: 59.76
Resistance 1: 60.47
Resistance 2: 60.87
Resistance 3: 61.08
NOTE: Money and Risk management are Very Essential. Must follow your own Strategies and Rules.![]()