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Crude Oil






12/19/2014 1:50:35 AM

Crude Oil - Technical Analysis: Friday, 19/12/2014 06:50 GMT



Resuming the bearish trend after testing the descending channel’s resistance, and the exponential moving average 50 continues to put negative pressure on the intraday trading.

The bears’ power indicator rises again, and breaking 52.80 will extend the bearish wave towards 51.00.


Target
Risk


Support
Resistance


Trend Bearish

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