20/6/2018
*WTI Crude Oil Aug 18*
Previous Close: 64.90 -0.79
Oil fell on yesterday as US-China trade war tension weighed down the market, but decline in API weekly crude oil stock supported the price, watch out for EIA crude oil inventories data at 1030pm today & OPEC meeting starts from 21 June.
Daily chart show crude oil remains in correction stage as candles below middle line of BB, while MACD & RSI show no rebound signal yet.
*Classic Support & Resistance*
Resistance: 65.82 67.02
Support: 64.23 63.40
*Recommend Trading Plan for the day:*
1. Wait for more breakout signal.
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 2805
Mini Crude : USD 1402.5
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Created by InvestorsDoctor | Dec 31, 2019
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