Forex Trading Library

Oil (F) 2017-03-10

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as we advised yesterday and as we see over our previous report

Crude Oil fell below $50 for the first time since last December 

mrket closing from our main support 48.80 which if managed to hold market another rebound wave will be available toward 53.50 zone

below 48.80 more drop will be expected toward 46.00-20 zone

  Support Resistance
Level 1 48.80 50.70-51.20
Level 2 47.50 53.65
Level 3 46.00-20 55.20
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