WTI crude oil futures are declining below the 20-day simple moving average (SMA) after the pull back from the 123.50 resistance level. The price has been developing within an uptrend line over the last two months while the technical indicators are mirroring the latest descending move. The RSI indicator is moving sideways near the neutral […]
The post WTI Futures Capped by 20-day SMA But Remains in Ascending Move appeared first on Action Forex.
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