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MCX crude oil daily chart updated on 18th May 2015, Monday.


MCX CRUDE OIL - 1 BBL


MCX crude oil finding strong support at current levels as shown in above image. If it holds below then weakness expecting, till then crude can bounce back.
So far its major indicators are moving in negative zone this will favor bears. Close watch.
Visit this blog daily for trading tips and forecast on Crude oil technical analysis.

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