Oil (F) 2017-07-25
as we advised yesterday and as we see over our previous chart
Crude Oil managed to give first signal of more rebound movement still on hand
market now facing support at 44.80 where as long as market holding above another advance wave toward 49.15 is expected
below 44.80 market may add more drop where another support at 43.60 may push the market for another rebound toward 45.00 zone
Support | Resistance | |
Level 1 | 44.80 | 47.20 |
Level 2 | 43.60 | 48.10 |
Level 3 | 42.00-20 | 49.15 |