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Crude Breaks Free But Fundamentals Remain

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 7, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The range consolidating pattern that crude has been stuck in for the past month has been breached by an upside breakout on optimism that global supply might be curtailed. The rally has met some fierce resistance which could provide a short term opportunity for traders.[​IMG]

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