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Oct 17

TECHNICAL ANALYSIS BY NSFX 17.10.2013

By:admin

High:  Low: 

Oil had a positive session yesterday capped by trend resistance projected from the August highs as well as 38.2% Fibo retracement in the wave from April-August. Current short term descending triangle confirmed below 100.65, which will open up for a test of the 100-figure.

R3
R2
R1
S1
S2
S3