Analysts are saying the following about WTI crude
MCL1! , "Additionally after the overnight sell-off and the Saudi news, there is likely to be some buying from traders covering shorts ahead of a strong band of support in the $70/68 region". Fib retracements seem to support this analysis.
https://www.tradingview.com/x/SzFL2J9g/
https://www.tradingview.com/x/SzFL2J9g/
Forex and futures.
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Forex and futures.
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.