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Oil Forecast April 17, 2012, Technical Analysis

posted by Avatar FXEmpire 401 days ago in Technical, Daily, Oil made popular 401 days ago

The Light Sweet Crude markets rose slightly during the session on Monday as the markets bounced from the lows to rally and form a hammer for the session. The hammer is sitting just above the $102 level, and that area should now be supportive going forward. With this in mind, a break of the highs for the Monday session would have us long, but expect
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