Forex Trading Library

Oil (F) 2016-09-26

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market managed to hed for fisrt drop wave from resistance zone 46.50-75 as we advised last week

intraday levels showing fires resistance at 45.45 while as long as market holding below 46.50-75 another drop wave will be valid toward 41.00 zone where market will face initial support zone at 42.75-43.05

above 46.75 market may add more advance where second resistance at 47.75

  Support Resistence
Level 1 44.20 45.45
Level 2 43.05 46.50-75
Level 3 42.75 47.75
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