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FX.co ★ CRUDE OIL Bullish Outlook April 01, 2011 (Daily Strategy)

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Forex Analysis:::2011-04-01T13:15:10

CRUDE OIL Bullish Outlook April 01, 2011 (Daily Strategy)

CRUDE OIL Bullish Outlook April 01, 2011 (Daily Strategy)

CRUDE OIL

The instability will continue supporting the price of black gold, which has stopped for a brief rest after having leaped up rapidly from the levels of 85 to the highs of 107.

There exists a serious chance that the price of crude oil continues raising its price, therefore, a return to the level of 105.00 would be a good opportunity to buy with an goal to the level of 110.70 dollars for a barrel of oil.

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