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Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound After Sell-Off

From fxempire.com

Natural Gas: {chart} Natural gas is mostly unchanged after the release of the EIA report, which exceeded analyst estimates. The technical picture remains unchanged as natural gas is stuck in the $2.20 – $2.35 range. R1:$2.35 – R2:$2.60 – R3:$2.85 S1:$2.20 – S2:$2.00 – S3:$1.80 WTI Oil: {chart} WTI oil has recently managed to rebound from session lows. The sell-off was triggered by reports about a potential oil exports deal between U.S. and Iran. If WTI oil settles back above $71.70, it will move towards the resistance at $73.50. A move above this level will push WTI oil towards the $74.70 level. R1:$71.70 – R2:$73.50 ... (full story)

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