Oil (F) 2017-08-01
Oil managed to sustain advance where managed today to close from target 50.50-80
market may add more advance to test downtrend line around 51.60-52.00 zone before a drop correction may hit the market tward 48.00 zone
above 52.00 Oil may add more advance signals which may push the market to re-tets 55.00 resistance zone
Support | Resistance | |
Level 1 | 49.90 | 50.50 |
Level 2 | 49.15 | 51.60-52.00 |
Level 3 | 47.85 | 53.50 |