WTI (USOIL) is currently trading at 71. After falling to the strong support level of 65.00, it has shown consistent upward movement. This recovery from 65.00 indicates strong buying interest at that level, and we believe the bullish momentum is likely to persist. As the price continues to climb, we are projecting a target range between 78.00 and 79.00. The 65.00 support has demonstrated its resilience, providing a solid foundation for further gains and building confidence in the market for continued upward progress.
Trade active
WTI (USOIL) broke resistance, targets in sight.
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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.