Oil (F) 2016-09-16
Market managed to fell below 44.70 which triggered farther drop toward 43.00 zone as we advised this week
main support will consider at 43.00 zone
as long as market holding above 43.00 a rebound correction may hit market toward 44.30 and maybe 45.35
below 43.00 more drop pressure will be expected toward 41.00 zone
Support | Resistence | |
Level 1 | 43.00 | 44.30-70 |
Level 2 | 42.00 | 45.35 |
Level 3 | 41.00 | 46.60 |