Oil bounce looks far from convincing

Discussion in 'Market News' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Oil futures settle at $30.44 after dip under $30 29.93 is the low I'm seeing and the bounce has looked very weak so far. The break of 32.25-32.00 looks to be were any decent resistance will form but there looks to be some noise around the 31.30/40 level

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