Forex Trading Library

Oil (F) 2017-08-18

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Crude Oil managed to fell below 46.80 2 days ago which may put market under drop pressure

as long as market holding below 48.00-5 resistance zone more drop will be expected toward 45.40-60 or 43.70

above 48.35 market may add more advance toward 49.50-75 zone

  Support Resistance
Level 1 46.40 48.00-35
Level 2 45.40 49.50-75
Level 3 43.70 50.40
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