Oil 6M –
47.00
As we advised last week ” market managed to hit above resistance 44.50 zone where as long as market holding above 43.95 the uptrend will sustain toward 46.15 zone ” already done at market
market managed to hold our support and headed toward 46.15 where managed to break above it in sign of ability to resume uptrend toward target 48.35-75
as long as market holding above 44.00 uptrend will sustain, while below 44.00 market may head for farther drop toward 39.40
| Support | Resistence | |
| Level 1 | 45.60 | 48.35 |
| Level 2 | 44.00 | 48.75 |
| Level 3 | 43.00 | 49.80 |
