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Crude Oil






12/5/2018 2:46:56 AM

Crude Oil - Technical Analysis: Wednesday, 05/12/2018 07:46 GMT



Crude oil price rose recently, but it stopped below 61.8% Fibonacci correction level, to fall under the negative pressure again, supported by the exponential moving average 50.

The first target at 50.25, and breaking it will push to 45.00 then 42.00.

 

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Target
Risk


Support
Resistance


Trend Bearish

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