Oil 6M – New Contract
43.85
As we see over the chart, market managed to retreat from 46.15 resistance while managed to hit below 43.25
market facing resistance at 44.50 zone where as long as the H4 bar closing below this resistance the downtrend pressure will sustain toward 41.50 – 42.00 zone
above 44.50 market may head toward 45.50 – 46.00 zone
| Support | Resistence | |
| Level 1 | 43.00 | 44.50 |
| Level 2 | 41.50-42.00 | 45.50 |
| Level 3 | 39.40 | 4615 |
