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Light Sweet Crude May 18, 2012, Technical Analysis

posted by Avatar FXEmpire 372 days ago in Technical, Daily, Oil

The Light Sweet Crude markets had yet another negative day on Thursday as the demand question is still out there. The markets are trying to figure out where industrial demand will be, and the problems in Europe continue to have demand for the Dollar drive it higher. As the Dollar gains, quite often the oil market fall in reaction.
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