Oil 6K – New Contract
42.15
As we see over our previous chart, market managed to break above downtrend channel which allowed the market to obtain farther rebound correction while eyes still toward 45.00 zone
above 45.00 market will add more advance where second target will become toward 48.60
the current uptrend scenario need market to sustain trades above mid-point 35.75
| Support | Resistence | |
| Level 1 | 40.30 | 42.60 |
| Level 2 | 39.00 | 43.45 |
| Level 3 | 37.70 | 45.10 |
