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WTI Oil price has been sliding, and is approaching the 100 psychological handle, which is also near a rising trendline and 61.8% retracement(100.98) of the 95.45 to 109.93 swing. Note that the RSI is at 40, and if the bullish momentum is to maintain, it should stay above.

If WTI oil drops below 100, we are opening up the 95.45 support pivot. This scenario would also suggest/confirm USD/CAD’s breakout above the 1.0050 resistance.