Forex Trading Library

Oil (F) 2017-08-15

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Crude Oil managed to sustain drop where managed to fell below 47.80 support

market now facing uptrend line support at 46.80-90 zone which if market managed to hold trades above another rebound toward 49.00-15 zone is expected

below 46.80 more drop will be expected toward 45.40-60 zone

  Support Resistance
Level 1 46.80-90 48.00
Level 2 45.40-60 49.15
Level 3 43.70 50.00-40
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