WTI Crude oil, Monday forecast, September 9
The uptrend may be expected to continue, while crude oil is trading above support level 56.74, which will be followed by reaching resistance level 57.76. A downtrend will start as soon, as crude oil drops below support level 56.60, which will be followed by moving down to support level 54.82.
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Weekly forecast, September 9 - 13
An uptrend will start as soon, as crude oil rises above resistance level 57.76, which will be followed by moving up to resistance level 60.24. A downtrend will start as soon, as crude oil drops below support level 56.60, which will be followed by moving down to support level 52.73.
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