Oil (F) 2016-01-07
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Oil
33.05
As we see over the chart market managed to fell below support line of the falling wedge where managed to hit below support 33.60
short-run showing resistance at 34.25-55 zone where as long as market holding below this zone the downtrend may sustain toward 28.60
Support | Resistence | |
Level 1 | 32.20 | 34.25-55 |
Level 2 | 31.40 | 35.15 |
Level 3 | 30.20 | 36.35 |