Oil (F) 2016-10-18

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we still holding our preious outlook

market still holding trades below our resistance zone 51.20-60 where market managed to hold trading zone with support level at 49.15

market may maintain this trading zone untill break above or below those levels

above 51.70 expect farther advance toward 53.00 and 54.50

below 49.15 market may head for farther drop to test 47.70-90 zone

 

  Support Resistence
Level 1 49.15 51.20-60
Level 2 47.70-90 53.00
Level 3 46.80 54.50

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss