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FX.co ★ Crude near resistance mark at $100.

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Forex Analysis:::2013-12-27T05:26:31

Crude near resistance mark at $100.

Crude is holding above the 21EMA level facing stiff resistance at the level of $100. Intraday downside support is at $99 mark. Last week, I gave a buy call for $103 target, now I am extending the targets. Trades above the level $100 mark, it could fly towards $102, $104 levels.

Recommendation- Buy on dips with sl at $96 for targets at $104.

Crude near resistance mark at $100.

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