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InstaForex | Forex Forum | Forex world | InstaForex Forum _ Traders' discussions _ WTI fell after new fears for USA - China trade war

Posted by: Aug 1 2019, 08:59 PM

The new phase of trade war between the two biggest world economics is fact. The negotiations do not leave a doubt - nothing as result. The trade war immediately react with serious down of Crude Oil price (WTI) down more the 350 pips within 2-3 hours time. trading strategy for tomorrow is continuing of downtrend to levels below $52.00 per barrel.
The price of WTI today starts with $57.90 to down to $53.57 and latter recovery to $54.47.

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