Oil (F) 2016-02-25

Posted on

Oil 6J – New Contract

32.00

As we see over the chart, market managed to rebound fast after US inventory yesterday while market still facing resistance zone at 32.40 – 33.10

as long as market holding below this zone we will stick with our model for more drop toward 29.40 and 27.55

above 33.10 market may head again to re-test 34.50-80 resistance zone

  Support Resistence
Level 1 30.50-70 32.40-60
Level 2 29.40 33.10
Level 3 27.55 34.50-80
(Visited 7 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

CategoriesOIL (F)Tags,

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex