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Feb 24

TECHNICAL ANALYSIS BY NSFX 24.02.2016

By:

High:  Low: 

The break highlights the potential for a further retracement. 34.25 resistance level proves tough for oil to challenge.The price shows slight bearish bias affected by stochastic negativity, which supports the continuation of the expected bearish trend.

R3
R2
R1
S1
S2
S3