USDWTI is inside trailing an upward channel approaching a previous high at 57.60. Price can go for a breakout resistance level at 57.60 or pullback to 55.34 before it continue the uptrend. I prefer to see a pullback before riding the trend again.
Bullish Scenario, with target at 60
Bearish Scenario, with target at 55.5
Disclaimer: This technical analysis is not to be treated as financial advice but solely for educational purposes only.
Bullish Scenario, with target at 60
Bearish Scenario, with target at 55.5
Disclaimer: This technical analysis is not to be treated as financial advice but solely for educational purposes only.
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