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Crude Oil






1/8/2015 1:58:59 AM

Crude Oil - Technical Analysis: Thursday, 08/01/2015 06:58 GMT



The trading continuation inside the short term descending channel, and continuous negative pressure from the exponential moving average 50.

Minor rising wedge pattern is completed now, and negative signal from stochastic motivates the price to resume the decline.


Target
Risk


Support
Resistance


Trend Bearish

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