Forex Trading Library

Oil (F) 2016-09-22

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market managed to jump above resistance 45.35 which may add more advance to test 46.50-75 resistance zone

from that zone will expect the downtrend pressure to back over Crude Oil where support level will sustain at 44.70

below 44.70 market will find support at 42.75-43.00 zone, while above 46.75 more advance will be available with next resistance at 47.75

  Support Resistence
Level 1 44.70 46.50-75
Level 2 42.75-43.00 47.75
Level 3 41.00 49.35
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