Oil (F) 2017-06-06

Intraday leves showing downtrend line affecting Oil movement where resistance at 48.00-30 zone

as long as market holding below this one more drop toward 45.50 will be expected

above 48.40 more advance toward 49.15 and maybe toward 50.00-30 zone may hit the market

  Support Resistance
Level 1 46.75 48.00-40
Level 2 45.50 49.15
Level 3 44.60 50.00-30

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