Crude oil breached the neckline for the bullish technical pattern, mentioned in the morning report, insuring the breach through our technical updates, where oil stabilized and is heading towards achieving the breach targets between 73.00 - 73.50 and then continuing the upside move towards the upside channel's resistance level around 74.20. Achieving this upside and reaching expected targets require for trading to remain above 70.60. The trading range for today is among the key support at 65.05 and the key resistance at 74.20. The general trend is to the upside as far as 47.20 remains intact with targets at 76.25.....Complete Story
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