CFDs on Crude Oil (WTI)Updated Crude Uptrend or Correction ?
If crude is in uptrend, today's low @ 55.8 will act as support for target 62 If break today's low then target would be around 53 (@200ema)
Note
Weekly RSI turning oversold..but can rally a little till 61.3Safe traders can close their long & Initiate fresh shorts till 62.5 for the target of 58.5 keep SL above 63
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.