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Apr 20

TECHNICAL ANALYSIS BY NSFX 20.04.2014

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High:  Low: 

105.22 area still a valid resistance for the commodity and a breakout above this level might lift Crude Oil likely to test 108.8. The first significant static support is in area 102.8 and below it 100.82 could be a valid resistance as well. The 200SMA is flat and the commodity can be considered in a long term trading range.

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