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Jun 06

TECHNICAL ANALYSIS BY NSFX 06.06.2014

By:Nati

High:  Low: 

Resistance towards the $105 mark which could sees a triple top formation on the daily chart. Should the price action reverse then support could be offered in the region of 102 dollars per barrel region and the 50 day SMA which is holding this week, a break lower could target the 101 dollar per barrel level.

R3
R2
R1
S1
S2
S3