Forex | Forex | Forex Trading - Crude Oil Plummets on Profit Taking (26/08/2009 08:13:42)

Forex Trading - Crude Oil Plummets on Profit Taking

Later afternoon trading saw the price of Crude Oil take a nose dive as traders took profit. The price of Oil stalled at the $75 resistance level and fell significantly following the failed breach. Today traders will be tracking the release of the U.S. Crude Oil Inventories data along with the New Home Sales numbers for today's market direction. Economic News USD - Dollar Sees Mixed Results against the Majors Yesterday, the Dollar saw mixed results against its major currency rivals. Against the


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