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WTI Oil: Bears Pausing Above Pivotal Supports ahead of Key Economic Releases

WTI oil is consolidating within a narrow range early Wednesday after almost 4% drop in past two days which cracked pivotal $81.00 support zone (100DMA (50% retracement of $67.02/$95.00 ascend. Fresh bears faced increased headwinds in this zone, failing so far to register a clear break lower, as key factors that influence price movement are […] The post WTI Oil: Bears Pausing Above Pivotal Supports ahead of Key Economic Releases appeared first on Action Forex...
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Posted: Nov 1 2023, 09:34
Author Name: actionforex
Views: 040916