Market Analysis
In US OIL $70.85 looks a great RESISTANCE zone and after yesterdays raise now oil trades in that zone more over it also forms a BEARISH CYPHER pattern in DAILY time frame...
So i could expect a 0.382 retarcement upto $68.14 level May be a sharp fluctuation @ today's inventory time...
Let's see....what's going to happen..
In US OIL $70.85 looks a great RESISTANCE zone and after yesterdays raise now oil trades in that zone more over it also forms a BEARISH CYPHER pattern in DAILY time frame...
So i could expect a 0.382 retarcement upto $68.14 level May be a sharp fluctuation @ today's inventory time...
Let's see....what's going to happen..