Forex Trading Library

Oil (F) 2015-10-27

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Oil (CL_5Z) New Contract

43.65

Crude Oil managed early today to head to test support zone 43.00-20 , as long as market holding above this zone expect another rebound correction toward 48.00-85 zone, while below 43.00 levels market may sustain drop to test 41.70 and maybe 40.00 zone

  Support Resistence
Level 1 43.20 44.90
Level 2 41.70 46.10
Level 3 39.80 47.50
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