WTI Weekly Forex Forecast 10th December to 16th December by yshashmi37 on TradingView.com

Midterm forecast:

The current trend is downtrend but the forecast is beginning of uptrend.
Technical analysis:

While the RSI resistance #1 at 50 is not broken, the probability of price increase would be too low.
A peak is formed in daily chart at 54.65 on 12/04/2018, so more losses minimum to Trend Hunter Buy Zone (51.30 to 49.50) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 39.

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