Forex Trading Library

Oil (F) 2016-01-28

0 196

Oil 6H –

32.60

As we see over the chart, market may hold short-run trading inside potential rising wedge formation

short run resistance at 32.80-90 while support at 30.60-80 zone

above 32.90 market may have chance to sustain advance to test 34.00-30 zone, while below 30.60 market may sustain drop toward 28.00 zone

  Support Resistence
Level 1 31.42 32.80-90
Level 2 30.60-80 34.00-30
Level 3 28.00 35.25
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