Midday update for Crude Oil 18/07/2013

Economies.com
2013-07-18 10:41AM UTC

Crude oil price fluctuates in sideways and tight range since morning, and it remains limited inside the symmetrical triangle pattern that appears in the image, which makes us keep our morning expectations valid as they are, conditioned by the stability above 105.00

 

Expected trading range for today is between 105.00 support and 108.00 resistance.

 

Expected trend for today: Bullish

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