Forex Trading Library

Oil (F) 2016-08-08

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We advised last Friday that above 42.20 market may activate bigger rebound correction toward 44.40 while market will face another resistance at 43.50

market now facing support at (41.05-50) zone where as long as holding above expect farther advance to test 43.50 and 44.40

below 41.05 market may head again to test 39.25-50 zone

  Support Resistence
Level 1 41.50 43.50
Level 2 40.40 44.40
Level 3 39.25 46.00
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