Brent Crude & WTI Crude

Daily Forecast – 21 June 2013 Brent Crude August contract Brent headed lower as expected but broke all support to hit 101.75. This is good support in an oversold market so we could look for a recovery today. Immediate resistance at 102.88 but above 103.20 is more positive & could open the door to 103.50/60. Watch for a high for the day here but a break higher could stretch to 104.00/15 for a selling opportunity with stops above 104.40 for 104.70. Immediate support is 102.30/20 which could

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