Bulls eye 59.50 could prove a more likely near term target while above trendline resistance. However, bulls have run into resistance and a daily doji has been painted on the daily time frame. WTI has been holding up in neutral territories. The bulls have been eyeing the 78.6% Fibonacci retracement levels of the July swing lows and highs with the 60 handle on the radar, but bulls have run into resistance and a daily doji has been painted on the daily time frame. 60.65 comes as the key target. Meanwhile, however, a 50% mean reversion of the Sep to Dec 2018 lows located at 59.50 could prove a more likely near term target. To the downside, the 23.6% level at 53 the figure is critical. WTI daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S. Korea to file WTO complaint over Japan’s export curbs on Wednesday – Reuters FX Street 4 years Bulls eye 59.50 could prove a more likely near term target while above trendline resistance. However, bulls have run into resistance and a daily doji has been painted on the daily time frame. WTI has been holding up in neutral territories. The bulls have been eyeing the 78.6% Fibonacci retracement levels of the July swing lows and highs with the 60 handle on the radar, but bulls have run into resistance and a daily doji has been painted on the daily time frame. 60.65 comes as the key target. Meanwhile, however, a 50% mean reversion of the Sep… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
