Oil
35.00
As we see over the chart market seems heading to build falling wedge which may case a big rebound correction toward 56.00-58.00 zone over short-run.
market may sustain trades inside 33.00 – 42.50 for the short run while any break above 42.50 will set target toward 56.00-58.00 zone
market support at 34.00-20 zone , which may provide support zone for rebound toward 40.00
below 33.60 market may sustain drop toward 30.00 and 28.00
| Support | Resistence | |
| Level 1 | 34.00-20 | 36.25 |
| Level 2 | 33.60 | 38.40 |
| Level 3 | 32.25 | 40.00 |
