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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 11 February 2016 WTI Crude March contract WTI Crude holding below 2720 is negative & below 2680 risks a retest of important January lows at 2632/19. Obviously this is the most important level of the day but I would not bet too much on it holding. Be ready to sell a break below here to target 2565/60, 2545/40 & would you believe 2003 year lows at 2504. Further losses targets 2002 Q4 lows at 2482. Then we are looking for 2440, 2420 & 2380. Bears very much in control

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