Friday 11 January 2019

WTI crude rebounded from cloud support, but now close to key cloud chart resistance zone!

WTI crude rebounded from cloud support, but now close to key cloud chart resistance zone!

WTI rebounded from old cloud chart support levels of $44 zone! WTI is now getting closer to the bottom end cloud chart resistance zone as well as an old cloud chart support zone, that is now new resistance around the $54 level!
Need to see a breakout past this level! Reversal risk if cloud chart resistance holds.


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