Forex Trading Library

Oil (F) 2017-09-11

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Crude Oil managed to head for drop correction from 49.50 resistance zone as we advised last week

As long as market holding above support 46.40-80 another advance wave toward 49.00-20 will be expected inside this trading zone

Below 45.60 more drop toward 44.00-20 will be expected

  Support Resistance
Level 1 46.40-80 48.60
Level 2 45.60 49.50
Level 3 44.00-20 50.50
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