Oil (F) 2016-10-14

maket managed to sustain drop yesterday where market managed to print 49.36 low before advance above 50.40 zone

market still showing ability to sustain this trading zone between support 48.75-49.25 and resistance zone 51.20-60

above 51.60 more advance will be expected toward 53.00 zone

  Support Resistence
Level 1 50.40 51.20-60
Level 2 48.75-49.25 53.00
Level 3 47.90 54.50

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