WTI futures have been trading slightly below the long-term ascending trend line over the last few sessions, remaining within the Ichimoku cloud. The RSI indicator is flattening beneath the 50 level, while the MACD oscillator is losing momentum below its trigger line in the short-term. The 20- and 40-period simple moving averages (SMAs) are creating […]
The post WTI Crude Oil Battle with Ascending Trend Line around 84.00 appeared first on Action Forex.
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