Oil (F) 2017-05-10
as we advised last week and as we see over our previous chart
Crude Oil managed to fell below 47.00 zone where managed to head toward target 44.00 zone
market now facing resistance 47.00-30 zone
as long as market holding below 47.00-30 more drop may hit the market toward 42.20 and 39.30 as we see over the chart
above 47.30 market may have chance for more rebound correction toward 49.50 and 51.50
Support | Resistance | |
Level 1 | 44.85 | 47.00-30 |
Level 2 | 43.75 | 49.50 |
Level 3 | 42.20 | 51.50 |