Oil (F) 2016-08-26
As we see over the chart and as we advised 2 days ago, as long as market holding above 46.00-20 support zone the uptrend is expected to sustain toward targets 50.50
while below 45.90 market may add more drop pressure to head to test 44.40-60 zone which may provide another rebound correction toward 47.50
| Support | Resistence | |
| Level 1 | 46.00-20 | 48.30 |
| Level 2 | 44.40-60 | 49.15 |
| Level 3 | 43.00 | 50.50 |


![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)