Mahnaz_mg

Quick Drop of Commodities

Short
TVC:USOIL   CFDs on WTI Crude Oil
The price has been under 100 and 200 MA. You can see the death cross formed in the daily chart. Therefore, we can expect a fall of crude to 80 or lower. Yet in the weekly crude chart, we still have the support of 200 MA and The price movement should be observed at that level.

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