Oil (F) 2017-03-10
as we advised yesterday and as we see over our previous report
Crude Oil fell below $50 for the first time since last December
mrket closing from our main support 48.80 which if managed to hold market another rebound wave will be available toward 53.50 zone
below 48.80 more drop will be expected toward 46.00-20 zone
Support | Resistance | |
Level 1 | 48.80 | 50.70-51.20 |
Level 2 | 47.50 | 53.65 |
Level 3 | 46.00-20 | 55.20 |