FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
USDWTI H4

More major corrections are being seen now, as we pinned into that yearly high price of 76.60/barrel. Minor break and retest play was being seen as we trading amongst our interim zones.

However, a healthy correction to see us pullback between our 50/618 fib support would tie in nicely with previous S/R and could set us up nicely for a long position with the potential to break resistance and eventually set these new highs.

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