Oil (F) 2017-06-29

Jun 29, 11:01 am

as we advised last week and as our previous chart show

market managed to fell below 43.75 which activated more drop pressure which may lead market toward farther drop to 39.30 zone

indicators showing resistance at 45.25 where as long as market holding below more drop toward 42.20 (already done) and 39.30 is expected

above 45.25 more advance toward 46.70 may hit the market

  Support Resistance
Level 1 42.20 45.25
Level 2 41.00 46.70
Level 3 39.30 48.40
(Visited 17 times, 2 visits today)