Midday update for Crude Oil 05/02/2013
Economies.com
2013-02-05 11:05AM UTC
Crude oil price trades with slight positivity and might head to retest the previously broken support which turns into resistance at 97.45, while the preferred correctional bearish trend scenario remains valid and active for today unless the mentioned level was breached and held above it.
Expected trading range for today is between: 93.80 support and 97.45 resistance.
Expected trend for today: Bearish
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