Oil (F) 2016-09-02
market managed to resume drop toward second target 43.50 while daily indicators showing ability for rebound correction toward 45.00 zone before downtrend resume toward 3rd target 41.00 zone
this drop wave will sustain effect as long as market holding trades below main resistance level 46.60
Support | Resistence | |
Level 1 | 43.00 | 45.05 |
Level 2 | 42.00 | 45.70 |
Level 3 | 41.00 | 46.60 |