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Oil: Short-Term Bounce Rather Than New Bull Market

Oil: Short-Term Bounce Rather Than New Bull Market
Oil ended last week with growth, having found support at key price levels, but unlikely for long. Last week, WTI tested its 200-week moving average for the fifth time since the beginning of the year but managed to bounce back from this level. Accumulated oversold conditions in oil on the intraday timeframe and hopes of […] The post Oil: Short-Term Bounce Rather Than New Bull Market appeared first on Action Forex... Read More
Posted: Jun 19 2023, 13:12
Author Name: actionforex
Views: 081167

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