CFDs on WTI Crude Oil
Short

WE EXPECT DECLINE OF WTI PRICE

108
Today, the EIA will release weekly crude oil inventories.

We see the wedge rising formation in oil.

With the break of level 53.30, we expect a decline until the 52.04 support, the lower band of the wedge rising.

If the 52.04 level breaks, the sales pressure can take up to 50.39.

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