Oil 6N – new contract
47.85
As we mentioned last week, marker managed to obtain rebound correction as we expected while add more advance toward 49.28
as long as market holding below 49.50 another drop correction toward 47.50-80 will be expected (which already done today)
below 47.25 market may head to test 45.50-80 zone , while above 49.50 expect farther advance to test 50.50-90
| Support | Resistence | |
| Level 1 | 47.25-50 | 49.50 |
| Level 2 | 45.50-80 | 50.50-90 |
| Level 3 | 44.00 | 52.00 |
