Oil (F) 2016-06-24
Oil 6Q –
47.80
As we advised before, Market managed to rebound from 46.40 where market may set new uptrend channel
as long as market holding above this support 46.40 a trading zone may hit the market between this support and resistance 53.80
market will face mid resistance at 51.65
below 46.40 market may head for farther drop toward 42.30
Support | Resistence | |
Level 1 | 46.40 | 50.40 |
Level 2 | 45.50 | 51.65 |
Level 3 | 43.90 | 53.80 |