End of day analysis for Crude oil 09-07-2020

Economies.com
2020-07-09 17:26PM UTC

Crude oil price trades with strong negativity now to attack the key support 39.90 and attempts to confirm breaking it, which hints the price head to activate the negative scenario on the intraday basis, which targets 37.50 followed by 36.10 levels as next main stations, taking into consideration that we need to get a daily close below the mentioned level to confirm the continuation of the decline in the upcoming sessions.

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