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Crude Oil Technical Analysis

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 6, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 06 April 2016 WTI Crude May Contract WTI Crude outlook is more positive after we managed to recover 3600. First resistance at 3680/85 but above here targets 3720 then quite strong short term resistance at 3780/90. Shorts need stops above 3820. Further gains target 3855/60. Failure to beat first resistance at 3680/85 targets support at 3585. However failure here again would retest yesterdays low at 3530/20. Its more likely this will fail on a second test & we should then

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