Forecast for WTI. In the midle time.

The instrument is near of the support line of uptrend. If you take a look on the bigger timeframe (week), you will see that the market is looking up in general.
However, there is no triggers that would pull the price up faster. Traders are watching the API and EIA weekly reports to get the idea what is it going to be like.
I suggest that the price will rise up to 75.30, and after correction will go up to 77.30 and 78.50.
Technical IndicatorsTrend AnalysisWTI

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