WTI Crude Technical Projection for the Week (07/10)
WTI Crude, has broken Resistance at 75.24 last week but ended with a strong reversal candle last Thursday (4/10). Next week can be a an extended profit taking, pulling-back to Fibonacci Support at 72.00. A bounce at this level is likely to continue the optimism in Crude.
Bullish Scenario, with targets at 77.84 and 79.81.
Bearish Scenario, with targets at 71.23 and 67.05.
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
Bullish Scenario, with targets at 77.84 and 79.81.
Bearish Scenario, with targets at 71.23 and 67.05.
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
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