Crude Oil Movement
Oil prices advanced 3.09% against the USD for the 24 hour period ending 23:00GMT, closing at 82.14, over better than expected US jobs data.
In the Asian session, at GMT0300, Crude oil is trading at 82.59, 0.55% higher from the New York close.
Crude oil is expected to find support at 80.15, and a fall through could take it to the next support level of 77.70. Crude oil is expected to find its first resistance at 83.97, and a rise through could take it to the next resistance level of 85.34.
The pair is trading above its 20 Hr and 50 Hr moving averages.
