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Feb 12, 2022 1:45 AM

WTIUSD remains bullish next week. Short

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From a fundamental point of view.
The CPI in the United States continued to rise, and the prices of various commodities continued to rise. This is the current basic situation.
So I think WIT will continue to be bullish.


From a technical point of view.
WTIUSD remains in an ascending channel with higher highs.
Judging from the kdj indicator, it is still in an upward trend.
So I think WIT will continue to be bullish next week.

In the short term, 9200 is its support and its resistance is at 9500
So I think, next week I will continue to be bullish.FOREXCOM:WTIUSD
Comments
DoraLee1122
very comprehensive analysis
elevatedinvestor
Thanks for sharing, very well rounded analysis
nnnmkl666
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