WTI Futures Take a Breather, But Ascent Remains Intact

<p>WTI oil futures’ 10-week rally from 66.12 has recorded a near 7½-year high of 89.70 but the price has detached from the upper Bollinger band, hinting that bullish momentum has slowed to some extent. The commodity seems to be running on fumes lately, but the rising simple moving averages (SMAs) continue to endorse the bigger […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/427947-wti-futures-take-a-breather-but-ascent-remains-intact/">WTI Futures Take a Breather, But Ascent Remains Intact</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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