Oil (F) 2016-03-23

Posted on

Oil 6K –

41.05

as we see over our previous chart, Market still hold uptrend over short-run while market built support zone at 39.80 – 40.00

as long as market holding above this support zone the uptrend will sustain where 45.00 will be the target

below 39.70 market may head for farther drop correction toward 37.70 zone

  Support Resistence
Level 1 39.80-40.00 42.60
Level 2 39.00 43.45
Level 3 37.70 45.10
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