Oil Price Declined Below $100 to Move into a Bearish Zone

<p>Crude oil price started a downward move from well above the $108 level against the US Dollar. The price declined below the $100 level to move into a short-term bearish zone. A low was formed near $98.77 before there was a fresh increase. The price climbed above the $102 level and the 50 hourly simple […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/440443-oil-price-declined-below-100-to-move-into-a-bearish-zone/">Oil Price Declined Below $100 to Move into a Bearish Zone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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