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WTI Futures Pull Back after Bouncing Off Restrictive Trendline

WTI Futures Pull Back after Bouncing Off Restrictive Trendline
WTI oil futures (July delivery) have been moving within their downward sloping channel for the last 10 months, creating a structure of lower highs and lower lows. In the near term, the price is trading flat slightly below the 70.00 region following a moderate pullback from the upper boundary of their long-term bearish channel. The momentum […] The post WTI Futures Pull Back after Bouncing Off Restrictive Trendline appeared first on Action Forex... Read More
Posted: Jun 15 2023, 07:54
Author Name: actionforex
Views: 102286

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