Midday update for Crude Oil 30/09/2014
Economies.com
2014-09-30 10:48AM UTC
Crude oil price keeps its stability above 94.00 level, which encourages us to keep our positive expectations for the rest of today’s trading, but it is important to be aware that stochastic negativity might push the price to provide some temporary sideways trading and a retesting process to the mentioned level before resuming the bullish trend again, which its next main target located at 96.55.
Expected trading range for today is between 93.75 support and 96.55 resistance.
Expected trend for today: Bullish
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