Crude Oil Technical Forecast: WTI Chart Shows More Losses Ahead - DailyFX
8/5/2022 12:00:00 AM2 years 8 months ago
by Thomas Westwater
by Thomas Westwater
WTI crude oil prices fell nearly 10% last week, dragging prices to the lowest mark since February. The commodity's chart shows additional losses may lie ahead after breaking below key levels.
Crude Oil Technical Price Forecast: Bearish
- WTI crude oil prices fell nearly 10%, bringing prices to the lowest level traded since February
- Prices breached the 200-day SMA and 90 psy… [+1698 chars] full article...