Oil (F) 2016-07-14
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/07/18092539/578775f082051-750x430.png)
as we advise dbefore , market managed to retreat as maintain resistance zone 47.00-25 intact
market now facing resistance zone at 46.00-40 which may drive for farther drop below support 44.40 along with downtrend wave which targeting 42.30
above 47.00-25 market may head toward 48.00-50 zone
Support | Resistence | |
Level 1 | 44.40-60 | 46.00-40 |
Level 2 | 43.50 | 47.00-25 |
Level 3 | 42.30 |