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Jan 13

TECHNICAL ANALYSIS BY NSFX 13.01.2016

By:

High:  Low: 

Oil declined, approaching 30.00 psychological, which is close to 30.50 support at 161.8% Fibonacci as seen on the provided daily chart. Rallies will have to contend with the 34.00 level, and most certainly the 36.00 level.

R3
R2
R1
S1
S2
S3