Midday update for Crude Oil 29/11/2012
Economies.com
2012-11-29 11:04AM UTC
The price traded positively moving away from the critical support 86.65, to keep the trading limited between the critical levels which have the keys for determining the trend on the short term basis.
Therefore, the neutrality remains valid until getting technical factors that define the next trend clearly.
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 this week: Neutral
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