Forex Trading Library

Oil (F) 2016-07-26

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Market managed to sustain downtrend wave where closed today from our target 42.30 zone

market will face resistance zone at 44.50 and 46.10

as long as market holding trades below one of those resistance the downtrend wave may expand toward 38.00-20 zone

  Support Resistence
Level 1 42.30 44.50
Level 2 41.00 46.00
Level 3 38.00-20
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