FxWirePro
Short

WTI faces intraday resistance at $44.05,good to sell on rallies

FX:USOIL   Crude Oil (WTI)
256 0 6
Major Intraday resistance- $44.05 (55 H EMA )

Major intraday support - $43

US Crude has recovered slightly after making a low of $43.01 in Asian session .It is currently trading around $43.38.

On the lower side any break below $43 will confirm minor weakness, a decline till $42.50 (26th Apr             low)/$42.19 ( 50% retracement of $37.59 and $46.76)/$41.09.

Any violation above $44.05 will take the US oil             till $44.50/$45.32.

Overall trend reversal only above $46.

It is good to sell around $43.30-$43.35 with SL around $44.05 for the TP of $42.19/$41.10.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out