Oil (F) 2016-08-01
market managed to sustain drop movement along with our expectation after breaking below 42.30 zone
market still have short-run target toward 38.00-20 which may drive for rebound correction toward 41.00
above 42.50 this may give market farther advaance toward 43.50 and 44.50
Support | Resistence | |
Level 1 | 40.00 | 42.20-50 |
Level 2 | 39.20 | 43.50 |
Level 3 | 38.00-20 | 44.50 |