Oil (F) 2016-08-15
we advised in our last week projection that any break above 42.00-20 zone may set target toward 44.40 zone which already done
while above 44.40 a chance to head for test 45.80 – 46.00 zone still on hand
from that zone 46.00 will expect the drop pressure to back to affect market for a drop toward 41.10 zone
above 46.20 market may sustain advance toward 46.95 and 48.10
Support | Resistence | |
Level 1 | 44.25 | 46.00-10 |
Level 2 | 43.25 | 46.95 |
Level 3 | 41.10 | 48.15 |