WTI Oil: Bears Pausing Above Pivotal Supports ahead of Key Economic Releases

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<p>WTI oil is consolidating within a narrow range early Wednesday after almost 4% drop in past two days which cracked pivotal $81.00 support zone (100DMA (50% retracement of $67.02/$95.00 ascend. Fresh bears faced increased headwinds in this zone, failing so far to register a clear break lower, as key factors that influence price movement are [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525544-wti-oil-bears-pausing-above-pivotal-supports-ahead-of-key-economic-releases/">WTI Oil: Bears Pausing Above Pivotal Supports ahead of Key Economic Releases</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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