Midday update for Crude Oil 02/08/2013
Economies.com
2013-08-02 11:04AM UTC
Crude oil is retesting the breached resistance level for the upside channel at 107.50, while holding above it represents the key factor to continue with the positive overview for today.
Therefore, we keep our positive expectations waiting for targets that begin at 109.00
Expected trading range for today is between 105.35 support and 110.00 resistance.
Expected trend for today: Bullish
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