Oil (F) 2017-08-24

As we advised few days ago and as we see over our previous chart

Oil managed to head for some drop correction to re-test support line at 47.00-20 zone

As long as market holding above this zone another advance toward 49.50-75 will be expected

Below 46.45 more drop toward 45.40-60 zone will be expected

	Support	Resistance
Level 1	47.00-20	48.90
Level 2	46.45	49.75
Level 3	45.40-60	50.40