WTI crude oil futures found a strong obstacle at the 200-day simple moving average (SMA), failing to continue the selling interest to the downside after the fall beneath the 100.00 level. The downside reversal in the RSI and the slowdown in the Stochastics justify the diminishing buying pressure, and both currently remain in the negative thresholds keeping the short-term […]
The post WTI Futures Fail to Boost Selling Interest Below 200-Day SMA appeared first on Action Forex.
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