February 23, 2012

CRUDE OIL Resistance levels

  • Price fell from the resistance level took support at the middle of the range. Price testing the resistance level again. This time bulls seems to have the momentum for a breakout
  • Crude oil in a range between 104.64 to 106.47
  • Price is unable to stay above the resistance level. 106.47 - 106.79 level is acting as resistance.

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