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Oil.........Keep an eye on this gap, $82.75 - $73.5

Posted by Aadil on November 15, 2009 at 6:00pm

Weekly chart- Wedge formation, the range is getting narrower. Daily chart - Please keep an eye on the gap fill level of $73.5......If we adhere to the theory that the EUR/USD trades in tandem with oil then we expect it to fall too if this gap is closed.

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Comments

Blixey November 17, 2009 at 10:58pm

ya me too WS...
dentist 007 November 15, 2009 at 9:15pm

ws..many thanks for that.i shall be watching that

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