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MCX Crude oil update

 
  • First chart shows price testing crucial support level.
  • Support zone in daily chart is also near 23.6% Fib level.
  • If the recent price action in daily chart is to repeat we may see a bigger correction in crude oil. For bears of crude oil need a close below 50 Day SMA for the above mentioned scenario to play out.
  • EURUSD WEEKEND UPDATE
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Posted by San at 12:38 AM

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