WTI crude oil futures repeatedly bounce off 60.13. Momentum oscillators suggest bullish move. WTI crude oil futures are rebounding off the 60.13-60.50 support region, which encapsulates the 23.6% Fibonacci retracement level of the downward wave from 79.40 to 54.70 and the 20-day simple moving average (SMA). In the short-term view, the commodity has still been […]
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