WTI oil, uptrend potential to 57.05, while trading above 56.00

WTI Crude oil, Tuesday forecast, July 23
The uptrend may be expected to continue, while pair is trading above support level 56.00, which will be followed by reaching resistance level 57.05.
An downtrend will start as soon, as the pair drops below support level 55.75, which will be followed by moving down to support level 55.30 and 54.80.

Crude oil weekly forecast, july 22 - 26
The uptrend may be expected to continue, while pair is trading above support level 56.00 - 54.80, which will be followed by reaching resistance level 60.25.
An downtrend will start as soon, as the pair drops below support level 54.80, which will be followed by moving down to support level 53.45 and 52.60.