Continue to hold the sale of oil, the price yesterday was able to break through the strong support level of 89.46 and then fell further south, my goal has not worked I expect deeper southern waves inclined to think the medium-term level to endure all the more so for 4 hour chart continues practiced southern signal MASD.
Today’s technical analysis
In h4 time frame the resistance trend line is breaked at 88.97 and this level is also act a resistance as per moving average and price chart. today we can see some down side movement and price will hit the support level 87.50
Resistance 3- 92.10
Resistance 2- 91.08
Resistance 1- 89.99
Pivot point- 88.97
Support 1- 87.88
Support 2- 86.86
Support 3- 85.77