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Sep 26

TECHNICAL ANALYSIS BY NSFX 26.09.2013

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Crude oil broke the trendline that started the 12th of April and is testing the static support in area 102.23. If even this price level will not give energy to the commodity to bounce then the next key area will be the 200SMA at 98.20. Only above the supply line in area 107 the sentiment could turn bullish again.

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