Crude Oil under the negative pressure – Analysis - 29/07/2014
Economies.com
2014-07-29 05:02AM UTC
Crude oil price continues to fluctuate within tight and sideways track to hover around the key support 101.50, as it ended yesterday’s trading exactly at this level, which makes us keep our sideways trading expectations between the mentioned support and 103.00 resistance, waiting to breach one of these levels to detect the next targets clearly.
To know more about the expected targets after the breach, please review our previous report issued yesterday.
Expected trading range for today is between 100.00 support and 103.30 resistance.
Expected trend for today: Sideways
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