WTI nearing its channel support after a sharp 22% fall. Channel support zone lie around USD55-57. The Support area also coincides with 71 week cycle in play.
Failure to hold the support zone could result more downside pressure.
WTI nearing its channel support after a sharp 22% fall. Channel support zone lie around USD55-57. The Support area also coincides with 71 week cycle in play.
Failure to hold the support zone could result more downside pressure.