US Oil breaks major resistance $38.40, targets $41

• Major resistance - $38.40 (8th Mar high)
   
• Major support - $37
   
• US Oil has broken major resistance $38.40 and jumped till $38. is currently trading around $38.22.
   
• Any break above $38.40 confirms minor trend reversal , a jump till $39.70/$41.90 is possible . 
   
• On the lower side minor support is around $37.70 and any break below targets $37.205/$37
   
• Short term bullish invalidation only below $35.85.

It is good to buy at dips around $38 with SL around $37 for the TP of $39.70/$41