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CRUDE PRICE REJECTION FROM 200 EMA

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MCX:CRUDEOIL1!   Crude Oil Futures
1. Crude oil Price again got rejected from 200 EMA & respected longterm trendline in 1 D time frame.

2. Close below 6178 may drag the price till 200 ema in 4H time frame. that will be around 6000 level. Close below 6000 may drag the price further to lower trend line.

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