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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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Crude Oil - Surging

Crude has broken resistance at 43.46 (24/11/2015 high) which confirms strong medium-term bullish momentum. Hourly support can be found at 37.61 (18/04/2016 low). Expected to show continued increase towards 48.36 (03/11/2015 high).

In the long-term, crude oil is on a sharp decline but is now showing some signs of recovery. Strong support lies at 24.82 (13/11/2002). Crude oil is holding above its 200-Day Moving Average. Crude oil should recover during this year.

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