WTI Crude Oil Hovers Near the Upper Boundary of the Channel

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<p>WTI crude attempts to surpass 74.00 Immediate resistance near 200-day SMA Stochastic looks overbought WTI crude oil futures are battling with the 74.00 round number, within a downward sloping channel that has been drawn since September 28. Technically, the MACD is advancing above its trigger line in the negative territory, while the stochastic oscillator is [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532766-wti-crude-oil-hovers-near-the-upper-boundary-of-the-channel/">WTI Crude Oil Hovers Near the Upper Boundary of the Channel</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>