Forex Trading Library

Oil (F) 2016-09-09

0 145

Market managed to break above 46.60 resistance after the big shortage in US inventory which may add more advance over the short-run

as long as market holding above 46.60 will expect more advnce toward 48.30-50 zone

below 45.75 market may back to downtrend pressure where more drop may set toward 44.00-20 zone

  Support Resistence
Level 1 46.60 48.30-50
Level 2 45.75 49.35
Level 3 44.20 50.40
Leave A Reply

Your email address will not be published.