Oil (F) 2017-03-15
as we advised early this week and as we see over our previous chart
Crude Oil managed to fell below 48.80 where managed to trigger more drop pressure for the coming short-run
market now looking for farther drop to test 46.00-20 zone which may trigger another rebound correction toward 51.00 zone
below 45.90 more drop toward 44.00 will be available
Support | Resistance | |
Level 1 | 47.50 | 50.10 |
Level 2 | 46.00-20 | 51.20 |
Level 3 | 44.00 | 52.50 |