$MGO is hovering near 0.0200 and moving in a narrow range. Support is seen around 0.0190, while resistance is placed near 0.0215. The chart suggests a wait-and-watch situation until either level breaks. Traders may consider buying close to 0.0192 and looking to exit around 0.0215. A breakout above resistance could signal a stronger upward trend.#AsiaStocksPlunge OilRisesAbove$116#TrumpSeeksQuickEndToIranWar #OilPricesDrop