Oil (F) 2017-08-16

as we advised yesterday and as we see over our previous chart

market now facing uptrend line support at 46.80-90 zone which if market managed to hold trades above another rebound toward 49.00-15 zone is expected

below 46.80 more drop will be expected toward 45.40-60 zone

	Support	Resistance
Level 1	46.80-90	48.00
Level 2	45.40-60	49.15
Level 3	43.70	50.00-40