Oil (F) 2016-01-11

Oil (F) 2016-01-11

Oil

32.60

As we see over the chart market managed to fell below support line of the falling wedge where managed to hit below support 33.60

short-run showing resistance at 34.25-55 zone where as long as market holding below this zone the downtrend may sustain toward 28.60

above 34.25-55 market may sustain advance toward 36.90-37.35 zone

Support Resistence
Level 1 32.20 34.25-55
Level 2 31.40 35.50
Level 3 30.20 36.90-37.35

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss