Oil (F) 2017-10-10

Crude Oil managed to rebound above 49.75 which may set the coming short run inside trading zone between 49.75 and 51.00-20

Above 51.20 market may add more advance toward 52.30

Below 49.00 more drop toward 47.70 will be expected

  Support Resistance
Level 1 49.75 51.00-20
Level 2 49.00 52.30
Level 3 47.70 52.85

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