Crude is in Bearish mode

TVC:USOIL   CFDs on WTI Crude Oil
Now crude in at a strong support zone
It is already reached a low of $62.46 and now it is an indecisive stage.
If it cross below $64 levels. possible to reach the support zone shown.
if further cross below this zone, the expected levels are $58.3, $52.4
The above observations are for STUDY purpose since the analysis is on weekly time frame.


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