WTI is trending lower, and RSI is also falling, suggesting the price bias is to the downside.
We have mentioned yesterday about targeting 1277$ (Bump and Run pattern target)
The pair has risen with the beginning of trading day after bouncing form support level at 143.36
We have mentioned yesterday if prices trading below level of 124.50
The pair had failed to penetrate resistance level of 0.6945
We still expecting further rising for the pair targeting head & shoulder target at 0.7510
The pair has risen since the beginning of trading day reaching level of 1.3622
Decline pace has accelerated and sent the pair to lowest level since 25 April at 110.52
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