Commodities & Currencies - Fresh Weakness On EUR To Continue… - 7/6/2010

Light Sweet Crude Oil futures (Crude)
♦ Instead of extending its upswing, the US Light SweetCrude Oil futures retreated last week on heavy profittaking activities.
♦ With a weekly high of just US$75.42, it failed to touch the 40-week SMA near US$76.5, not to mention the tougher resistance at US$78.

Commodities & Currencies - Fresh Weakness On EUR To Continue… - 7/6/2010