WTi technical analysis: Eyes on 63.79 swing highs

WTI is above the 200-Experiential Moving Average and has eyes for the $60 psychological figure which correlates with trend line resistance. A break there opens 63.79 swing highs. On the flipside, bears can target back down to the 200 weekly EMA (last week's low) and the 61.8% Fibo around the 52 handle. Lower down, there are prospects for a correction to back towards the14th Jan 50.41 low and then the 26th November lows at 49.44.


 

BOJ's Wakatabe: Stimulus will be maintained as long as needed

Bank of Japan (BOJ) will maintain the ultra-easy monetary policy as long as needed to achieve the 2% inflation target, board member Wakatabe said on T
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