Forex_Times

🌐 Crude Oil: will the decline continue?

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TVC:USOIL   CFDs pĂ„ WTI rĂ„olja
❗ The hedger resistance zone premium level (70.37) was successfully tested over the past 24 hours.
✍ The main scenario for today is a successful test of the buy limit level (69.69) and subsequent rise to the sell limit (70.35) and hedger resistance zone (71.00).
On breakdown and consolidation below the 69.69 price level, we expect a decline to the premium level of hedger support zone (69.32).
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