Oil (F) 2017-09-08
As we advised yesteray and as we see over our previous charrt
Crude Oil managed to sustain advance where managed today to close from resistance level 49.50-70 zone
As long as market holding below this resistance 49.50-70 another drop wave will be expected toward 46.80 zone
Above 49.70 more advance toward 50.60 and maybe 51.50 may hit the market
Support | Resistance | |
Level 1 | 48.40 | 49.50-70 |
Level 2 | 47.60 | 50.60 |
Level 3 | 46.80 | 51.50 |