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MCX crude oil technical forecast updated on 14th July 2015, Tuesday.


MCX CRUDE OIL - 1 BBL


MCX crude oil is on down fall after breaking its major support as shown in previous updates. Close watch if it falls further then it will find strong support around 3160 as shown in above image.
So far its indicators are moving in -ve zone this will favor bears.

Suggested reading - Candlestick patterns.

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