Oil (F) 2017-06-15
as we advised last week and as we see over our previous chart
Oil manged to sustain drop toward target 45.50
market now facing old support zone at 43.75 which if managed to hold the market another rebound wavee may hit the market toward 49.00-50.00 zone
below 43.75 more drop may hit the market toward 42.20 and 39.30
Support | Resistance | |
Level 1 | 43.75 | 47.10-30 |
Level 2 | 42.20 | 48.00 |
Level 3 | 40.40 | 49.50 |