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Oil Technical Analysis September 22, 2011

posted by Avatar FXEmpire 607 days ago in Technical, Daily, Oil made popular 607 days ago

The CL contract fell on Wednesday, and on large volume as the Fed announced it was keeping the rates low, and that the economy remained having a weak outlook. This sent fear through the markets as traders sold off most risky assets. The lack of demand now becomes a question in this market, and the triangle we have been tracking has broken down. The
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