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29/4/2019
*WTI Crude Oil Jun 19*
Previous Close: 63.3 -1.91
Crude oil fell 3% on last Friday after US President again pressured OPEC to raise crude production.
Hourly chart showed crude oil entered technical correction, RSI in oversold, may trigger some technical rebound 1st.
*Classic Support & Resistance*
Resistance: 63.37 64.35
Support: 62.28 61.60
*Recommend Trading Plan for the day:*
1. Sell 62.70, stop 62.85, profit 62.55/62.40
2. Look for buy signal above 63.37
3. Look for sell signal below 62.28
*WTI Oil Margin Requirement (per lot)*
WTI Crude : USD 3740
Mini Crude : USD 1870
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