Crude Oil Morning Technical Report 22/7/2014
ecPulse
2014-07-22 08:25AM UTC
The price stabilized above 102.00 with a daily closing above it supporting the opportunities of extending the upside move over short and intraday basis supported by breaching SMA 50 and 100 waiting to move towards 104.00 then 106.85 levels. Of note, the expected upside move depends on stabilizing above 101.55.
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