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alexander.gorodynsky
Nov 2, 2015 9:59 AM

USOIL 

Crude Oil (WTI)FXCM

Description

pivot point is at 45.57.

Our preference: Buy above 45.57 with targets 47.3 and 48 points.

Alternative scenario: A break-down level of 45.57 will open the way to 45.16 and 44.3.

Analysis: Support is located at 45.57, allowed asset to strengthen its position for a while.

Support and resistance levels:
48.3
48
47.
46.4 Closing price
45.6
45.2
44
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