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VIP_Trading_Technologies

Daily candle shows uncertainty on WTI USOIL

CFDs em Petróleo Bruto WTI (TVC:USOIL)  
VIP_Trading_Technologies  
TVC:USOIL   CFDs em Petróleo Bruto WTI
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
API data has shown a better than expected data. If confirmed tomorrow by EIA we could expect price to hit 71.80+ area, otherwise we will fighting again to hold the psychological level of 70 bucks.

We have to monitor as well the performance of the USD to help us anticipate the OIL price for the coming days.

Short term traders and scalpers may look for a bull continuation, long term traders is a clear SELL area.

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