Crude Oil Weekly Technical Report 29/7-2/8/2013
ecPulse
2013-07-29 08:02AM UTC
WTI Crude is retesting the key support at 104.30-103.90 area, where we expect price to break it and head lower this week, however we prefer to wait for confirmation through stability below 103.90, targeting 102.00 and 100.70 level as the next potential downside destinations.
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