HotForex
Short

BP Reversed Off Resistance, Potential Drop!

NYSE:BP   BP SPON ADR EACH REP 6 ORD SHS
BP reversed off its resistance at 43.07 (100% Fiboancci extension, 61.8% Fibonacci retracement , horizontal swing high resistance) where it could drop further to its support at 40.81.
Stochastic has also reversed off its resistance.
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