Forex Trading Library

Oil (F) 2016-03-31

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Oil 6K –

37.95

As we see over the chart, so far Oil still moving along with our expectation where we still see market holding trades inside our trading zone 37.70 – 40.00 , while managed yesterday to obtain up and down movement as we expected

market may head again toward 39.50-80 zone where from there will expect another drop toward 38.00 to obtain what we advised before (Trading Zone)

below 37.70 market may sustain drop toward 37.20 and 36.15 , while above 40.40 market may go to visit 41.80 again

  Support Resistence
Level 1 37.70 39.50-80
Level 2 37.20 40.40
Level 3 36.15 41.80
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