Crude Oil Morning Technical Report 21/11/2014
ecPulse
2014-11-21 07:58AM UTC
Oil moved to the upside yesterday approaching the significant resistance 77.20, and since the price is still below this level, the bearish scenario is still valid and active targeting mainly 72.65 then 70.00. Confirming breaching 77.20 pushes the price to the upside towards 85.45 levels.
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