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Nov 30

TECHNICAL ANALYSIS BY NSFX 30.11.2015

By:

High:  Low: 

Oil reversed lower on a second day, after its failure to break the 43.36 resistance level and spent the last week rebounding to the previously broken support at around 43.00. The average price traded year to date is 49.97, while the 200 day moving average is sitting at 50.19.

R3
R2
R1
S1
S2
S3