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WTI futures develop within a bullish channel since December Price retreats from a 6-month high but finds support at 50-day SMA Oscillators suggest intensifying positive momentum WTI oil futures (June delivery) have been in a constant uptrend since bottoming out at 69.97 in December, posting a fresh six-month peak of 86.90 on April 12. Despite experiencing a pullback from its highs, […]

The post WTI Futures Tick Up After Bouncing Off 50-SMA appeared first on Action Forex.

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