Oil (F) 2016-06-08

Oil 6N –

51.05

As we advised before, market managed to jump above 50.20 where market looking now toward 51.50-90 zone

market short-run showing support at 47.25 where as long as market holding above an uptrend wave may hit the market toward 58.50 zone

short-run facing resistance at 53.80

	Support	Resistence
Level 1	50.10	51.50-90
Level 2	48.70	53.80
Level 3	47.25	55.00