The WTI OIL price in US dollars is moving in wide consolidation, where the upper limit is around 55.00 range. On the other hand, support from the bottom provides zone around 43.30 level.
It was just the aforementioned support zone that price reached yesterday, setting another lower low. Within the consolidation we can notice a smaller downward trend, where the lows and highs shown in the chart below are formed at lower and lower levels.
It is possible we will see a further rebound from support area. However, if the downward trend is to continue, after a short break area around 43.30 may be broken. It would then open way to key support around the $40.
It was just the aforementioned support zone that price reached yesterday, setting another lower low. Within the consolidation we can notice a smaller downward trend, where the lows and highs shown in the chart below are formed at lower and lower levels.
It is possible we will see a further rebound from support area. However, if the downward trend is to continue, after a short break area around 43.30 may be broken. It would then open way to key support around the $40.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。