Currently, Oil holding the limited bullish weekly base, and monthly oil Jump 20$ ( +85%) compare to last month negative.
If oil breaks 25$ and we could see next resistance 38$ and 42$, alternative price overbought and demand low due to COVID-19 lockdown.
Comming week expecting some correction downside 27.50$ and 24$
🛑SUPPORT/RESISTANCE
✅S1= 35
✅S2=33.5
✴️R1=31.5
✴️R2=29.50
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If oil breaks 25$ and we could see next resistance 38$ and 42$, alternative price overbought and demand low due to COVID-19 lockdown.
Comming week expecting some correction downside 27.50$ and 24$
🛑SUPPORT/RESISTANCE
✅S1= 35
✅S2=33.5
✴️R1=31.5
✴️R2=29.50
Please like, share, comments and follow me to get daily base analysis
Thank you for your support, I appreciate it.