From TradingView · · 30s
Bullish Momentum for IC:XTIUSD
IC Markets chart shows WTI Oil (XTI/USD) may bounce from support after falling toward pivot.
In brief
IC Markets chart shows WTI Oil (XTI/USD) may bounce from support after falling toward pivot. WTI Oil (XTI/USD) could rebound from 94.39 support level after dropping toward 96.81 pivot. Originally reported by TradingView.
Chart Analysis
IC Markets chart shows WTI Oil (XTI/USD) falling toward pivot support.
Support and Resistance Levels
Pivot: 96.81 1st Support: 94.39 1st Resistance: 100.43.
Potential Bounce
WTI Oil (XTI/USD) could bounce toward 1st resistance after falling toward pivot.
What it means
WTI Oil (XTI/USD) could rebound from 94.39 support level after dropping toward 96.81 pivot.
