Crude Oil Morning Technical Report 19/9/2014

ecPulse
2014-09-19 07:23AM UTC

Oil retraced aggressively from 95.25 regions and it is currently trading below 92.50 support. RSI14 has been resisted at the value of 50.00 and that could send prices lower to re-experience 90.40/90.00 regions. To summarize this, we will be bearish today.

 

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