Crude Oil resumes the bearish bias 13/11/2012
Economies.com
2012-11-13 06:01AM UTC
Crude oil was able to settle again below 86.00 approaching now from 85.00 level, which turns back the bearish scenario that mainly depends on the negative pressure coming from the major Head & Shoulders pattern.
Our waited target for today mainly begin at 82.00, while 86.00 should protect the chances to achieve them.
Expected trading range for today is between: 81.50 support and 87.00 resistance.
Expected trend for today: Bearish
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