Midday update for Crude Oil 19/02/2013

Economies.com
2013-02-19 10:56AM UTC

Weak trading clearly seen on oil since morning, while stochastic gets rid of the negative momentum gradually, which encourages us to continue with our bullish trend expectations waited for today, reminding you with the importance of getting back above 96.45 to reinforce these expectations.

 

Expected trading range for today is between: 94.50 support and 99.00 resistance.

 

Expected trend for today: Bullish

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