Midday update for Crude Oil 23/11/2012

Economies.com
2012-11-23 11:00AM UTC

 

The narrow range still dominating the crude oil trading since morning, with some slight bearish trend, while our neutrality remains valid until getting clearer signals for the trend.

 

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

 

Deeper technical look at the Crude Oil price

 

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

 

Expected trend for today: Neutral

 

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