Oil (F) 2016-08-16
Market managed to head to test downtrend line for the Old contract around 46.00 zone on speculation for Oil output freez
market still have chance for drop correction toward 43.10-50 as long as market holding below 46.20 zone
above 46.20 market will set target toward 48.10 while another resistance layint at 46.95
Support | Resistence | |
Level 1 | 45.30 | 46.20 |
Level 2 | 44.60 | 46.95 |
Level 3 | 43.10 | 48.10 |