Oil extend drop below 90.00 as IMF cut Global Growth Forecast
market managed to add more drop pressure after the International Energy Agency predicting the lowest demand growth since 2009
market still holding drop pressure over WTI where Global economic slowdown with reducing expected Oil demand add more drop pressure
market faced another slump after U.S stockpiles inventory , while managed this week to break below 79.00 zone
market managed to execute our short-sell orders at 79.00 zone , while will hold trades with same target
as long as market holding trades below 79.50 the downtrend will sustain toward 74.00 – 75.00 zone
Daily Trend: Down
Weekly Trend: Down
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