Oil (F) 2016-08-02
Market sustain the drop movement while hit 39.85 today where market will face resistance at 40.60 and (41.85 – 42.20) for the short-run
as long as market holding below one of those resistance the downtrend movement willl sustain toward 38.00-20 zone
above 42.20 market may add more bonus toward 43.50 zone
Support | Resistence | |
Level 1 | 39.80 | 40.60 |
Level 2 | 39.00 | 41.85 – 42.20 |
Level 3 | 38.00-20 | 43.50 |