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Crude Oil






12/16/2014 1:09:29 AM

Crude Oil - Technical Analysis: Tuesday, 16/12/2014 06:09 GMT



More decline to approach from the main waited target at 52.73, with rising of the bears’ power indicator.

Continuous negative pressure from the exponential moving average 50, and it’s important to monitor the price when reaching the mentioned target, which will offer important signals for the long term trend.


Target
Risk


Support
Resistance


Trend Bearish

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