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Apr 30

TECHNICAL ANALYSIS BY NSFX 30.04.2014

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High:  Low: 

Yesterday the commodity spiked up to 102.16  and retraced in negative territory to 100.54  and today selling pressure has not decreased and could bring Crude Oil to test 99.33. An intermediate bearish scenario could be 97.2 Just above the demand line generated on January the commodity could gain energy to test again 105.4 area.

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R2
R1
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S3