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05th Sep - Brent Crude Slipping Further

05 September 2014

WEEKLY CHART –

CONTINUATION:

The earlier bull break has been

well and truly negated by the drop

back through the falling return

line.

DAILY CHART – Oct-14:

A very clear reversal was recently

seen, following the 114.44 Jun

peak. Recent breach of the rising

support line (now first resistance)

provided a bear signal, with next

target being a Fibo projection at

99.57. Also note a lower

projection situated at 96.57.

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