CFDs on WTI Crude Oil
Short
Updated

USOIL - CONSOLIDATION

235
Generally, the direction is CONSOLIDATION

Downtrend Side: The price is awaiting a negative catalyst that could drive the price to break below the 68.64 level. This would then push the price to resume the expected bearish trend for the day, with the next target located at $67.97 and $66.96.

Uptrend Side: It is important to note that a break above $69.56 would halt the expected decline and push the price to achieve short-term gains, primarily targeting a test of the $70.51 level.

Tendency Keys: 68.56
Trade active
Currently, the price will fall to touch 68.64.

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