Crude Oil consolidates well 15/07/2013
Economies.com
2013-07-15 00:04AM UTC
Crude oil price managed to hold above the minor upside channel which meets with the previously breached resistance for the main upside channel, to show positive trading that supports the continuation of the intraday and short term bullish trend.
The waited targets located now at 109.25, while achieving them require holding above 104.85
Expected trading range for today is between 104.00 support and 108.00 resistance.
Expected trend for today: Bullish
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