Oil (F) 2017-09-12
As we advised yesterday and as we see over our previous chart
Crude Oil managed to head for drop correction from 49.50 resistance zone as we advised last week
As long as market holding above support 46.40-80 another advance wave toward 49.00-20 will be expected inside this trading zone
Below 45.60 more drop toward 44.00-20 will be expected
Support | Resistance | |
Level 1 | 46.40-80 | 48.60 |
Level 2 | 45.60 | 49.50 |
Level 3 | 44.00-20 | 50.50 |