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Oct 15

TECHNICAL ANALYSIS BY NSFX 15.10.2015

By:

High:  Low: 

As we can see on the H1 chart, oil remains seeing minor chop in the $46s. Crude oil prices fell for a third day in a row. It is slowly drifting lower with no strong conviction. Oil continued to decline, approaching the previous broken resistance at 46.00.

R3
R2
R1
S1
S2
S3