Oil (F) 2016-06-27

Oil 6Q –

46.50

Oil market back under drop pressure infected by U.K Brexit

market still holding trades above 46.40 support, while we see below this level more drop may affect the market toward 42.50 zone

below 46.40 market will face support at 45.50

resistance still at 48.40 where as long as market holding below this level the downtrend pressure will sustain

	Support	Resistence
Level 1	46.40	48.40
Level 2	45.50	50.40
Level 3	43.90	51.65