Crude oil price broke 41.87 level strongly to rally bearishly and start testing 41.00$ per barrel barrier, which activates the negative scenario on the short term basis, to extend the correctional bearish wave and target 38.84 areas as a next main station.
The price needs a daily close below 41.87 level to confirm the continuation of the negative scenario in the upcoming period, which is supported by the negative pressure that comes by the EMA50.