Forex Trading Library

Oil (F) 2017-07-31

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as we advised last week and as we see over our previous chart

Crude Oil managed to head toward target 49.15

market now seems trying to hold trades above support 47.85, where as long as market holding above this support more advance toward 50.50-80 zone will be expected

below 47.20 more drop toward 45.40-60 will be expected

  Support Resistance
Level 1 49.20 50.15
Level 2 47.85 50.90
Level 3 47.20 51.50
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