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3 Jun 2015
WTI has $61.50 resistance ahead of OPEC - Scotiabank
FXStreet (Guatemala) - Eric Theoret, CFA, CMT Currency Strategist at Scotiabank explained a bullish scenario for WTI.
Key Quotes:
"Friday’s OPEC meeting looms, and few changes are expected in terms of supply"
"Technicals for WTI are modestly bullish, resistance is expected above $61.50 as we note recent vulnerability on breaks below $59.00."
Key Quotes:
"Friday’s OPEC meeting looms, and few changes are expected in terms of supply"
"Technicals for WTI are modestly bullish, resistance is expected above $61.50 as we note recent vulnerability on breaks below $59.00."