WTI Oil Futures Battle With Descending Trendline

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<p>WTI futures attempt to break above crucial trendline  But their advances are constantly held down  Momentum indicators suggest a cautiously positive tone WTI oil futures (February delivery) have been on the retreat since their October peak of 89.85, breaking below consecutive support zones. Although the price has been trying to recover some ground in the last few sessions, the downward […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533896-wti-oil-futures-battle-with-descending-trendline/">WTI Oil Futures Battle With Descending Trendline</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>