Oil (F) 2016-04-14
Oil 6K –
41.70
market managed to head for first drop as market holding below 42.50 as we advised yesterday
market still have chance to sustain advance to test 43.20-50 zone which if happens will expect another drop correction from that zone toward 41.25 again
below 40.60 market may add more retreat toward 39.50 zone
Support | Resistence | |
Level 1 | 40.60 | 42.50 |
Level 2 | 39.50 | 43.50 |
Level 3 | 38.30 | 45.00 |