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Crude Oil Updates by Solid ECN
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[QUOTE="SOLIDECN, post: 216474, member: 80239"] [HEADING=1][JUSTIFY]Crude Oil Price Attempts to Recover[/JUSTIFY][/HEADING] [JUSTIFY]Crude oil price returns to rise and surpass the minor resistance 74.20, to hint new recovery attempts and head towards potential test to 75.63 as a first positive station, making the bullish trend expected for today, being aware that it is important to monitor the price when reaching the targeted level, as breaching it will lead the price to achieve more gains on the intraday and short term basis. [ATTACH type="full"]23263[/ATTACH] On the other hand, we should note that breaking 73.50 will stop the expected rise and press on the price to resume the bearish trend that its next main target located at 70.30. The expected trading range for today is between 73.00 support and 76.50 resistance.[/JUSTIFY] [/QUOTE]
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