Oil (F) 2016-04-04

Posted on

Oil 6K –

36.80

As we advised before for the short-run, market managed to sustain drop toward target 36.15 zone

market now and as we see over the chart have chance for some trading zone between 36.00 – 38.00

as long as market holding below 38.00 will expect farther drop movement to break below 36.00, while above 39.00 zone market may enter a rebound correction wave that may drive toward 42.00 zone

  Support Resistence
Level 1 36.15 37.20
Level 2 35.50 38.00
Level 3 34.25 39.00
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