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WTI Oil Futures Finally Snap Long-Term Barrier

WTI Oil Futures Finally Snap Long-Term Barrier
WTI oil futures snapped the 83.40 resistance on Wednesday, exiting marginally the long-term range area to reach a new high of 84.71 today. The RSI and Stochastic oscillator are in the overbought zone, indicating the short-term bullish trend may stall soon as the price nears the upper limit of the upward-sloping channel at 85.40. Should the bulls run […] The post WTI Oil Futures Finally Snap Long-Term Barrier appeared first on Action Forex... Read More
Posted: Aug 10 2023, 08:08
Author Name: actionforex
Views: 110518

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