WTI Oil Futures Challenge 61.8% Fibo

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil68.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-oil68.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-oil68-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>WTI futures break above crucial trendline and 50-day SMA Next target is the 61.8% Fibo, which held strong in January Momentum indicators tilt to the positive side WTI oil futures (March delivery) had been on the retreat since their September peak of 95.02, breaking below consecutive support zones. Although the price managed to halt its retreat […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536845-wti-oil-futures-challenge-61-8-fibo/">WTI Oil Futures Challenge 61.8% Fibo</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>