Oil (F) 2017-08-03
as we advised yesterday and as we see over our previous chart
Crude oil still holding trades above support 47.80 which still providing chance for farther advance toward target 51.70-52.00 zone
as long as market holding above this support zone the target will remain valid
below 47.80 market may head for farther drop toward 45.90 zone
Support | Resistance | |
Level 1 | 47.80 | 49.25 |
Level 2 | 47.00 | 50.05 |
Level 3 | 45.80-90 | 51.70-80 |