WTI oil in free fall, can 71 fibo support hold?

<p>WTI crude oil is in free fall today, together with other risk markets. At this point, the decline from 85.92 is seen as a correction to rise from 61.90 only. Hence, we&#8217;d start to look for bottoming signal around 61.8% retracement of 61.90 to 85.92 at 71.07. This is slightly lower than medium term trend [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/416992-wti-oil-in-free-fall-can-71-fibo-support-hold/">WTI oil in free fall, can 71 fibo support hold?</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>