CRUDE OIL TECHNICAL ANALYSIS

Crude oil price made attempts to break 73 level but it returns to trade above it again , rallied Friday amid speculation that OPEC may cut its oil production

In general, the overall bearish trend scenario remains valid and active as long the trading settled below 85 level, the next targets extend to 70 -60 -50 area, i Expect to see some corrections trend for the next : trading test range between 81.30 and 83.20 resistance.

This review does not including any document and / or file attached to it as advice or recommendation to buy / sell securities and / or other device.