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WTI crude oil, going down to 58.82 while trading below 60.24


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WTI Crude oil, Monday forecast, September 16
The downtrend may be expected to continue, while pair is trading below resistance level 60.24, which will be followed by reaching support level 58.82 - 58.05.
An uptrend will start as soon, as the pair rises above resistance level 60.24, which will be followed by moving up to resistance level 61.47 and if it keeps on moving up above that level, we may expect the pair to reach resistance level 63.34.



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Anton started to study FOREX market in 2003. Since 2007, started to offer analytical forecasts for the major currency pairs and for gold prices in order to better understand the market and to assist to traders to identify the main key market levels. From 2014 started trading on futures market.

His current trading instruments in currency and commodity markets: eurusd, gold, wti crude oil, brent crude oil, natural gas, s&p500, dow jones, dax, soybeans

Anton graduate economist, graduated from university with degree in Banking.

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