Oil (F) 2017-10-19
As we see over the chart, market now facing first support at 51.20 where as long as market holding above the uptrend march will sustain toward target 53.70
Below 51.20 market may head for another drop correction movement toward 49.75
Above 52.80 mor advance toward 53.70 is expected and maybe toward 55.00
Support | Resistance | |
Level 1 | 51.20 | 52.50 |
Level 2 | 49.75 | 53.70 |
Level 3 | 49.00 | 55.00 |