Oil (F) 2016-07-11
As we advised for it lst week, that a break below 45.80 would set course toward 42.30 zone
short-run showing resistance at 46.00 where as long as market holding below this level expect farther drop toward 42.30 zone
above 46.40 market may add more rebound toward 47.10 and 48.00 zone
Support | Resistence | |
Level 1 | 44.50 | 46.00 |
Level 2 | 43.95 | 47.00 |
Level 3 | 43.00 |