Forex Trading Library

Oil (F) 2016-09-15

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Market managed to fell below 44.70 which triggered farther drop as we advised yesterday

market managed to hit target 43.50-80 while main support will consider at 43.00 zone

as long as market holding above 43.00 a rebound correction may hit market toward 44.30 and maybe 45.35

below 43.00 more drop pressure will be expected toward 41.00 zone

  Support Resistence
Level 1 43.00 44.30
Level 2 42.00 45.35
Level 3 41.00 46.60
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