Oil facing support with rebound opportunity

Oil facing support with rebound opportunity

Rami
15 (09) 2016 - 15:05 (GMT)
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Crude Oil managed to sustain drop and closed from our target (43.00) as previous report advised for Intraday-Levels (see here) while we expected some rebound correction for the Short-Run Levels as long as (43.00) support stand (see here).

As long as market holding above (43.00) a rebound correction may hit the market which will face resistance at (44.35) & (44.70-80) where above this level more advance may be available at market.

Below (43.00) market may hit another drop wave that may target (41.00) zone

CRUDE OIL - WTI

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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