Oil (F) 2017-06-02
Crude Oil managed to hit below support 47.00 which may provide farther drop later if market managed to hold trades below resistance 47.70-80
as long as market holding below 47.80 more drop toward 45.50 is expected
above 47.80 more advance toward 50.50 may hit the market
Support | Resistance | |
Level 1 | 46.75 | 47.70-80 |
Level 2 | 46.00 | 49.15 |
Level 3 | 45.50 | 50.50 |