Risk-off on the worries of global economy slow down continues as US-China trade war esclates, and the sentiment seemed to dominant OPEC production cut. Price fall below set of MA suppports, and there's no obvious support around. Might sending a signal of further down trend. Weekly MACD histogram remains in the positive-down zone, leaving rooms for further decline.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.