Oil (F) 2016-07-19
As we advised before , market re-test 46.00-40 resistance zone where managed to retreat as downtrend pressure still sustain as we see over the chart
market will face support at 44.40-60, where below this zone expect more drop toward 42.30
above 46.95 market may add more advance toward 48.00-50
Support | Resistence | |
Level 1 | 44.40 | 46.00-40 |
Level 2 | 43.50 | 46.95 |
Level 3 | 42.30 |