Home / TIPS / MCX Free Tips- Crude oil to Trade in 3436-3674 Range

MCX Free Tips- Crude oil to Trade in 3436-3674 Range

Crude oil rose boosted as the U.S. dollar weakened and on news that Saudi Arabia had cut exports to Asia.
MCX Free Tips– Crude oil trading range for the day is 3436-3674.
EIA said U.S. crude inventories increased by 4.1 million barrels last week.
crude trading tips
U.S. crude production was projected to rise by 110,000 barrels per day in 2017 to 9 million bpd, according to EIA data.
SELL CRUDE OIL

BELOW 3615,

Target1-3600,

Target2-3585,

Target3-3560

StopLoss ABOVE 3645.

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