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WTI Oil Futures Bounce Off 11-Month Low

WTI Oil Futures Bounce Off 11-Month Low
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed to surpass the 121.00 mark. Moreover, in the last few daily sessions, the commodity plummeted to a fresh 11-month low before recouping some losses. The momentum indicators currently suggest that bearish forces remain in control. Specifically, the RSI is hovering beneath its […] The post WTI Oil Futures Bounce Off 11-Month Low appeared first on Action Forex... Read More
Posted: Dec 1 2022, 09:31
Author Name: actionforex
Views: 110658

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