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Crude Oil






11/8/2014 6:52:30 AM

Crude Oil - Technical Analysis: Saturday, 08/11/2014 11:52 GMT



More trading inside the bearish channel and negative pressure that comes from the exponential moving average 50.

Stochastic offers negative signal now, and am important horizontal resistance ceiling at 79.35.

It’s important to be careful that breaching this level will turn the trading upwards to visit levels that reach to 87.40.


Target
Risk


Support
Resistance


Trend Bearish

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