Forex Trading Library

Oil (F) 2015-11-18

0 143

Oil (CL_5Z)

41.45

Market managed to hit low 40.07 where closing to support zone 39.60-40.00 zone

as long as market holding trades above 37.75 a rebound correction chance will sustain at market where targets would be toward 57.00 zone

below 37.75 market may sustain drop pressure toward 33.00 zone

  Support Resistence
Level 1 39.60 42.20
Level 2 38.50 43.30
Level 3 37.75 44.10
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