Midday update for Crude Oil 22/11/2012

Economies.com
2012-11-22 11:01AM UTC

The price fluctuates within sideways and narrow range showing clear weak trading volume, which makes us continue in our neutrality that mentioned in our morning report for the rest of today treading.

 

Expected trading range for today is between: 84.00 support and 90.00 resistance.

 

Expected trend for today: Bullish

 

To view more technical factors that affect the oil price moves, please follow this link:

Deeper technical look at the Crude Oil price

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