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Tuesday, September 14, 2010

ForexTrade - Technical OIL - Midday Report September 14, 2010

Tuesday, September 14, 2010
ForexTrade - Technical OIL - Midday Report September 14, 2010OILOil ReportMidday Report Crude returned to descend below 50% correction, but above the 50 MA shown above. We still expect possible bearish movement since Stochastic is still in overbought areas and crude retested the ascending support previously breached. This suggested scenario essentially requires trading to stabilize below

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