Forex Trading Library

Oil (F) 2016-03-11

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Oil 6J – New Contract

38.70

Market managed to hold advance after testing 36.10-30 support zone , while Oil still almost broke above resistance zone 38.40-90

as long as market holding above 36.10 will expect continues uptrend movement toward 40.20 and 43.00-50 zone

Oil still holding mid-run range between 25 – 60 while so far mid point may set at 36.10 zone

  Support Resistence
Level 1 37.35 39.00
Level 2 36.10 40.20
Level 3 35.25 42.00
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