Crude Oil hits the targets 10/06/2013

Economies.com
2013-06-10 05:54AM UTC

Crude oil price rallies higher well, approaching from the main waited target at 97.00, supported by the EMA50, which makes us continue in preferring the positive trading for today, where monitoring the price when reaching the mentioned target is required, according to its importance in detecting the next trend, where breaching it will open the way for achieving more upside moves on the short term basis, and the next main station at 100.00, while its steadiness will turn the trading towards the downside and visit areas that begin at 94.25

 

Expected trading range for today is between 95.00 support and 98.00 resistance.

 

Expected trend for today: Bullish

 

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