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Crude Oil






11/11/2014 2:21:33 AM

Crude Oil - Technical Analysis: Tuesday, 11/11/2014 07:21 GMT



The strong resistance ceiling that 79.35 barrier formed against the price forces it to continue to decline, and the exponential moving average 50 reinforces the bearish trend.

Continuous rise at the bears’ power indicator, and the bearish targets extend to reach 74.65.


Target
Risk


Support
Resistance


Trend Bearish

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