Midday update for Crude Oil 06/06/2013
Economies.com
2013-06-06 10:29AM UTC
Crude oil price makes attempts to breach the falling wedge resistance at 94.15, while we are waiting for today’s close according to the mentioned resistance and 93.30 support to confirm the next trend clearly.
Therefore, we continue in monitoring the price according to the mentioned levels, and the expected targets from surpassing these levels are explained in our morning report.
Expected trading range for today is between 92.00 support and 95.95 resistance.
Expected trend for today: Depends on the abovementioned levels
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