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CRUDE OIL - Stands Above The 49.30 Zone With Warning

Discussion in 'Technical Analysis' started by Kaitlin, Oct 12, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    CRUDE OIL The commodity closed strongly higher the past week holding above its key resistance at 49.30 and opening the door for more strength in the new week. However, we may see a pullback as a rejection candle is now seen on the daily chart after its Friday negative[​IMG]

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