Midday update for Crude Oil 21/08/2014
Economies.com
2014-08-21 11:14AM UTC
Crude oil price touched 92.50 level this morning, while stochastic provides clear negative signal on the four hours time frame, to support the continuation of our bearish overview for today, which depends on holding below 95.40, while achieving it requires holding below 95.40.
Expected trading range for today is between 91.60 support and 93.80 resistance.
Expected trend for today: Bearish
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