WTI oil futures are trading around the mid-Bollinger band, which is currently north of the 100.00 border, after the commodity found positive traction prior to reaching the lower Bollinger band. The climbing longer-term 100- and 200-day simple moving averages (SMAs) are defending the broader bullish structure, while the 50-day SMA has yet to reflect any […]
The post WTI Futures Struggle to Extend Past 103 Mark, Outlook Neutral appeared first on Action Forex.
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