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AandAM CrudeOil End of week 24 JUNE 2016

As per indicators the trend is BEARISH, trend strength is weak with rising volatility. We expect a BEARISH trend on end of week basis. CRUDE looks BEARISH as per indicators and price action but when we consider the end of the day candles trend reversal may be on the cards. Crude cleared our safe exit level of 45.95 and made a low of 45.83.

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AandAM CrudeOil End of week 24 JUNE 2016