Oil (F) 2016-10-21
Crude Oil seems holding trades inside uptrend channel within intraday zone where support at 50.35 where as long as market holding above more advnace still available toward 52.50-70 zone
below 50.30 expect more drop to re-test second support 49.15-25 where from there uptrend will back to affect market
Support | Resistence | |
Level 1 | 50.35 | 52.50-70 |
Level 2 | 49.15-25 | 53.50-60 |
Level 3 | 47.70-90 | 54.50 |