Crude Oil West Texas Intermediate crude declined for a second day as a technical indicator showed that recent gains may be unsustainable. In last 4 hours Crude Oil has reached the highest value of $105.83. While touching the lowest value at $105.46. However current price remains at $105.51. The 4H RSI stands at 51 indicating neutral to bearish trend in the market. Stochastic Oscillator chart at 13 indicating market is affirmed with RSI, indicating the market is in the oversold region. Leave your phone number so that we could be of assistance to you.
Posted on: Wed, 17 Jul 2013 05:48:15 +0000
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