Israel media is reporting of explosions heard in Tel Aviv.
Hamas armed wing is also saying that it has targeted Tel Aviv with two rockets.A Gaza rocket landed off Tel Aviv coast. There are no casualties reported
Crude oil is trading at $79.60 which is down $0.46 on the day. The high price today reached $80.11. The low price is at $79.33. Note that the 100-day moving average is $80.13. Technically it would take a move above that moving average to increase the bullish bias.
This article was written by Greg Michalowski at www.forexlive.com.
