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WTI Futures Advance to Fortified Technical Region

WTI Futures Advance to Fortified Technical Region
WTI oil futures (July delivery) have been steadily gaining ground after bouncing off 69.40 in mid-March. However, the uptrend seems to have paused at the congested region that includes the 50-day simple moving average (SMA), the upper boundary of the descending channel and the lower end of the Ichimoku cloud. The momentum indicators currently suggest that […] The post WTI Futures Advance to Fortified Technical Region appeared first on Action Forex... Read More
Posted: May 25 2023, 08:29
Author Name: actionforex
Views: 110734

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