Crude Oil hits some bearish targets 14/11/2012

Economies.com
2012-11-14 06:01AM UTC

Crude oil achieved some bearish moves yesterday hitting levels near to 84.50, to bounce achieving some bullishness but it still stable below 86.00, and that’s what makes us continue in our bearish trend scenario which is preferred on the intraday basis, and it’s mainly targeting levels around 82.80 then 82.00

 

Expected trading range for today is between: 81.50 support and 87.00 resistance.

 

Expected trend for today: Bearish

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