Oil Prices Consolidate Near Highs As Bullish Momentum Slows

<p>WTI crude oil prices are trading flat having risen to highs of 53.90 intraday on Wednesday. The declines push the price action back below the rising trend line. This could potentially see the trend line being retested from below. The Stochastics oscillator is nearing the oversold levels and therefore could see a possible move higher […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/353534-oil-prices-consolidate-near-highs-as-bullish-momentum-slows/">Oil Prices Consolidate Near Highs As Bullish Momentum Slows</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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