WTI oil futures (August delivery) have been gently crawling up over the past week following the close below the 200-day simple moving average (SMA) and the drop to a six-month low of $87.00/barrel. The price is currently looking to return above the $92.19 constraining zone, which was the lower boundary of the previous range area, but this […]
The post WTI Oil Futures Gently Move Up; Key Resistance ahead appeared first on Action Forex.
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