Crude Oil moves according to the scenario 05/06/2013
Economies.com
2013-06-05 05:35AM UTC
Crude oil price achieved a good upside rally and approached from our main target at the falling wedge’s resistance which declines now towards 94.45, where holding above the EMA50 allows us
to continue in preferring the positive trading for today.
Note that breaking below 93.45 will stop the intraday bullish expectations and leads to a decline which its targets begin by testing 92.20
Expected trading range for today is between 92.20 support and 95.95 resistance.
Expected trend for today: Bullish
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