Oil (F) 2017-07-12
as we advised last week and as we see over our previous chart
Crude Oil managed to fell below 44.50 which may add more drop pressure to re-test 42.00-60 zone
as long as market holding trades above 42.00 another advance wave may hit the market toward target 49.15
below 42.00 more drop will be expected toward 39.30 zone
awaiting Crude Oil Inventories today
Support | Resistance | |
Level 1 | 44.80 | 46.50 |
Level 2 | 43.65 | 47.30 |
Level 3 | 42.00-20 | 48.50 |