Forex Trading Library

Oil (F) 2016-07-01

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As we advised yesterday, Market managed to sustain rebound where managed to test downtrend line around 50.00 zone  while market managed to hold trades below 50.00 where a drop toward 46.40-80 zone still on hand

above 50.00 will expect farther advance toward 51.65 and 53.00

below 45.80 market may trigger new downtrend wave toward 42.50

  Support Resistence
Level 1 47.90 50.00
Level 2 46.85 51.65
Level 3 45.80
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