Wednesday, April 14, 2010

NYMEX Crude Daily: Losing ground


Market continue to lose ground following prices ended down for straight five days and tested the support at USD83.00 in intra-day basis. As for now, we are looking at the immediate upside resistance at USD85.71-85.88 followed by USD86.37. To the downside, immediate support is lies at USD82.00-81.50.