FX.co ★ CRUDE OIL Bullish Outlook August 11, 2011 (Daily Strategy)

CRUDE OIL

The oil found resistance at the $ 84 a barrel and is struggling to pass that level. We will try to find a support to 78 dollars and then take upward momentum. If you manage to break sharply, is likely to continue until 89 or even $ 92 a barrel.