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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 23 November 2015 WTI Crude January contract WTI Crude January first resistance at 4240/45 but a break above 4270 signals further gains towards stronger resistance at 4310/20. This could hold a rally but if we continue higher look for last week's high at 4353 then the strongest resistance of the day at 4370/80. Failure to beat first resistance at 4240/45 targets 4199/95 then 4165/60. If we continue lower look for a retest of last week's low at 4125/20. A break lower not out of

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