Oil (F) 2017-06-22
as we advised yesterday and as our previous chart show
market managed to fell below 43.75 which activated more drop pressure which may lead market toward farther drop to 39.30 zone
indicators showing resistance at 45.25 where as long as market holding below more drop toward 42.20 (already done) and 39.30 is expected
above 45.25 more advance toward 46.70 may hit the market
Support | Resistance | |
Level 1 | 42.20 | 45.25 |
Level 2 | 41.00 | 46.70 |
Level 3 | 39.30 | 48.40 |