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Nov 13

TECHNICAL ANALYSIS BY NSFX 13.11.2015

By:

High:  Low: 

Oil stabilizes below 43.40. Trading below this level will keep our bearish expectation valid. The prices declined throughout the week. 42.58 support level was the lowest since August 27. Having reached 42.83, oil has met the Fibo support at 42.70.

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