Midday update for Crude Oil 02/07/2013

Economies.com
2013-07-02 10:54AM UTC

Crude oil price fluctuates within sideways range since morning keeping the stability above 98.00 barrier, which keeps our expectations for the waited bullish trend valid efficiently, reminding you that holding above 97.30 is important and the most important  above 96.00 to keep the chances of its continuation. 

 

Expected trading range for today is between 96.70 support and 100.00 resistance.

 

Expected trend for today: Bullish

 

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