WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
Currently prices are moving inside ascending channel, and it pulled back after failing to break
The pair has risen since the beginning of trading day reaching 0.9640, we expect to
The pair has fallen since the beginning of trading day breaking the bottom line of an ascending
Prices are trading currently near to support at 110.24, we expect if it breaks this level that price
Currently prices are moving inside symmetrical triangle, exceeding resistance level at 1.2905
The pair managed to exceed resistance level at 1.1260, staying higher this level would send
Prices are facing currently a resistance level at 143.35, pushing the pair down every time, we
Oil currently facing an important support at 48$, breaking it down would form a head & shoulders pattern and would target levels of 47$ then 44$. Current resistance will be at 49$ - 50.25$.
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