as we see over our previous chart and as advised before, Oil managed to re-test resistance 48.00-40 zone
Intraday leves showing downtrend line affecting Oil movement where resistance at 48.00-40 zone
as long as market holding below this one more drop toward 45.50 will be expected
above 48.40 more advance toward 49.15 and maybe toward 50.00-30 zone may hit the market
as market closing from 45.50 a trade zone between 45.00 and 47.00 may control market
| Support | Resistance | |
| Level 1 | 45.50 | 46.30 |
| Level 2 | 43.75 | 47.00 |
| Level 3 | 42.50 | 48.00 |
