WTI oil futures (May delivery) retreated towards the 100 level early on Thursday after a strong rejection from the 20-day simple moving average (SMA) at 107.78. The sharp rebound off 92.19 in mid-March did not drive the black gold back to the 13-year high of 130.50, with the market creating a lower high at 116.62 […]
The post WTI Oil Futures Face Another Failure, But Keep Eyes on 98.50 appeared first on Action Forex.
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