FenzoFx—Crude oil tested the $58.9 level as support and bounced back from it. The primary trend is bearish; therefore, it will likely resume if the price closes and stabilizes below this support.
If this scenario unfolds, the next bearish target could be the $55.15 support level.
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If this scenario unfolds, the next bearish target could be the $55.15 support level.
>>> Win $160.0 prize every week by joining FenzoFx contest.
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