Forex Trading Library

Oil (F) 2016-10-24

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Crude Oil still holding trades inside short-run uptrend channel, while base support at 50.20-35 zone

as long as market holding above this zone another advance will be expected toward 52.20-45 zone

below 50.20 market may add more drop toward 49.15-25 which in turn may push the market for another advace wave

  Support Resistence
Level 1 50.20-35 51.15
Level 2 49.15-25 52.25-45
Level 3 47.70-90 53.60
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