Oil 6Q –
48.25
Oil managed to back and hit above 48.40 in the wake of global equity rebound rally
this will set support at 46.40-60 zone which from there will expect new uptrend wave that may target 53.00 zone
below 45.80 market may initiate downtrend wave to test 42.50 zone
| Support | Resistence | |
| Level 1 | 46.40-60 | 48.40 |
| Level 2 | 45.80 | 50.40 |
| Level 3 | 43.90 | 51.65 |
