WTI crude oil fails to breakout off resistance

0 87

Oil prices continue to maintain a strong gain, building upon the momentum over the past few sessions.

Price action is back to the resistance level of 28.00. Following this, oil prices are slipping back off this level.

In the near term, we expect crude oil to consolidate within the 28.00 and 22.00 region in the short term.

Test your strategy on how Oil prices will fare - Open Your Orbex Account Now

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.