Crude Oil Declines, But Futures Maintain Uptrend
ICN.com | Apr 28, 2015 05:17AM ET
Crude oil declined after failing maintain trading above 127.2% Fibonacci level located at 57.10- 57.30. However, futures price is still trading above the main support of the uptrend as the image above shows.
We prefer staying aside today, as the price is trading inside the uptrend; but many negative signals appears on technical indicators.
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