WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
The pair is moving inside up channel on the daily frame
The pair was unable to stable above support level of 1.0880 and broke it
The pair succeeded to stable above the 1.2950 level,
The pair could not continue in descending channel at 1.0950 and broke it and retreated to the next support at 1.0900
The pair broke the support level of 1.2950, and we expect it to decline further, targeting 1.29 - 1.2830 - 1.2760.
The pair is still moving inside a falling channel on the hourly frame and maintains the support level of 1.0990.
Gold is currently moving in a narrow ascending channel, and we expect to target a maximum of 1485-1487 levels
The pair succeeded in achieving the target of 1.1000 and we expect if the price trades below 1.1070 resistance to target 1.0875.
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