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Cooling down
Resistance levels:
* 0.125–0.130
* 0.135–0.1465
* Above 0.1465 opens the way toward 0.160+
Support levels:
* 0.112–0.115
* 0.100–0.105
* 0.090
* 0.0733 (EMA200)
Bullish scenario:
If buyers defend the 0.112–0.115 zone and regain 0.130, the chart could retest 0.1465. A breakout above that high level will indicate the continuation of the main bullish trend.
Bearish scenario:
The asset is extended after a vertical rise, so a deeper correction may not be unusual. Losing 0.112 could lead to a move toward 0.100–0.105, where stronger support is likely to appear.
#CBOEIntroducesExtendedTradingForStockOptions #WTICrudeFallsBelow90Dollars