Daily Forecast - 20 April 2017
WTI Crude June contract
WTI Crude JUNE: Resistance at 5135/40 but 5180/90 the main challenge for bulls today. A high for the day possible but if we continue higher look for quite strong resistance at 5260/70. Shorts need stops above 5300.
Below 5090 retests yesterday's low at 5055/51 but we could continue lower to support at 5015/10. A bounce from here possible on the first test, but longs need stops below 4975.
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