Oil (F) 2016-10-14
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/10/18080458/5800c3ec53841-750x430.png)
maket managed to sustain drop yesterday where market managed to print 49.36 low before advance above 50.40 zone
market still showing ability to sustain this trading zone between support 48.75-49.25 and resistance zone 51.20-60
above 51.60 more advance will be expected toward 53.00 zone
Support | Resistence | |
Level 1 | 50.40 | 51.20-60 |
Level 2 | 48.75-49.25 | 53.00 |
Level 3 | 47.90 | 54.50 |