Crude Oil Morning Technical Report 30/1/2015

ecPulse
2015-01-30 08:09AM UTC

Crude oil is trading in a slight bearish bias below 45.00, and Linear Regression Indicators continues to provide negative signals on the four interval which strengthened the possibility of extending the downside move that targets 42.20. Generally, the downside move remains valid unless the price breaches 48.00 and stabilized above it.

 

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