Forex Trading Library

Oil (F) 2016-06-30

0 128

Market managed to sustain rebound where managed to test downtrend line around 50.00 zone

above this zone will expect farther advance toward 51.65 and 53.00

while as long as market holding below 50.00 a drop correction may hit the market toward 46.40-80 zone

below 45.80 market may trigger new downtrend wave toward 42.50

  Support Resistence
Level 1 48.00 50.00
Level 2 46.85 51.65
Level 3 45.80
Leave A Reply

Your email address will not be published.