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.”

Eric Theoret, CFA, CMT Currency Strategist at Scotiabank explained a bullish scenario for WTI.

(Market News Provided by FXstreet)

By FXOpen