US Oil shows initial support around the daily 200 EMA.

West Texas Oil (OANDA:WTICOUSD)

Updated

OANDA:WTICOUSD West Texas Oil

Support and Resistance Oil

supportandresistance oil

Lets see if it holds.

Comment:

This is why i say trendlines are meant to be broken.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.