Daily Forecast - 11 February 2014
WTI Crude March contract
WTI Crude testing a two & a half year trend line at 100.45/55. Immediate support at 9930/20 could hold the downside but below here signals a move towards 9860/05 for a buying opportunity.
The outlook remains quite positive & a break above 100.55 targets December highs at 100.75 then 100.95/05 with a move as far as 101.60/70 possible later in the week.
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