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FX.co ★ Potential WTI Rally?

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Forex Analysis:::2023-03-06T13:47:17

Potential WTI Rally?

Potential WTI Rally?

Price is testing a major support of 78.37 which is an overlap support and a Fibonacci retracement. We could see a bounce from here taking prices up to 79.87.

It's worth noting that price sees bullish momentum from our ascending trend line support and our bullish Ichimoku cloud.

Analyst InstaForex
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