This article was first published on Orbex Forex Trading Blog.
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
WTI Crude oil prices gave back the gains from earlier this week as prices are trading softer.
The commodity is trading near the 33.66 level which has been somewhat difficult to break past.
But, the Stochastics oscillator is positioned bullishly and this could trigger further upside.
A strong close is needed to confirm the upside which will see the commodity rising to the levels near $40.
The post Crude oil slips back below the $33.66 technical resistance appeared first on Orbex Forex Trading Blog.
To keep reading this article, please navigate to: Orbex Forex Trading Blog.