The WTI oil price hit three-week low Tuesday, in extension of sharp fall in past two days (down over 4%) but drop was limited by daily cloud base and Fibo 61.8% of $72.44/$82.64 upleg) where bears faced strong headwinds, causing the price to bounce. Prospects of stronger dollar on expectations for Fed’s further rate hikes […]
The post WTI: Bears Faced Strong Headwinds and Contained by Daily Cloud Base appeared first on Action Forex.
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