Crude Oil provides positive trading 12/11/2012

Economies.com
2012-11-12 06:24AM UTC

The price traded with bullish bias affected by stochastic positivity, as the price settles above 86.00, and we might witness more upside actions to test levels around 87.00.

 

For now, neutrality is preferred, to monitor the price behavior according to the 85.15 support level and 87.15 resistance.

 

Expected trading range for this week is between: 82.00 support and 89.35 resistance.

 

Expected trend for this week: Neutral

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