12:23, 26 февраля
Oil prices are falling harshly as coronavirus spreads. This selling pressure would be continues until the virus decreases.
We follow 55.30 level as a support level for oil prices in short term. If the oil stays below this level, then the selling pressure would be continues.
Resistance levels : 55.30 - 56.00 – 56.60
Support levels : 53.20 – 52.50 – 52.00