Crude Oil is positive 26/11/2012
Economies.com
2012-11-26 05:50AM UTC
Crude oil traded positively on last Friday to approach from the critical retesting level 88.80, which is considered as the key that defines the next trend on the short term basis.
Until now, we prefer to stay aside, and wait the price behavior according to the aforementioned level, and 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 this week is between: 84.50 support and 91.50 resistance.
Expected trend for this week: Neutral
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