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Aug 16, 2021 9:20 AM

USDWTI H4 - Long Setup Long

U.S. DOLLAR / WTI CRUDE OILICE

Description

USDWTI H4

$66.50 seems to be holding as support during recent trade, the wicks and support during the 19th July and 09th August didn't perform too well.

But as long as there aren't headlines pushing this pair on, we should see a slower paced market with less chance of these big wicks and support break threats. Lets see what happens next time we approach either $66.50 support or $70.00 resistance.
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