Crude Oil Movement
Oil prices declined 0.13% against the USD for the 24 hour period ending 23:00GMT, closing at 95.06, amid profit booking.
At GMT 0300, Oil is trading at USD 94.71 per barrel in the Asian session, 0.37% lower from 23:00GMT.
The pair has its first resistance at 95.22, followed by the next resistance at 95.73. On the other side, the first support is at 94.45, with the subsequent support at 94.19.
The pair is showing convergence with its 20 Hr and its 50 Hr moving averages.
