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

WTI Crude oil prices made modest attempts to rise intraday. However, the gains were erased quickly.

Price action turned bearish into the mid-US trading session. Oil prices fell to the 42.00 handle. Just a few weeks ago this is the level that was briefly tested for support.

The current gains come as oil prices failed to break out of the 43.50 ceiling.

For the moment, prices are trading well below the 42.00 handle.

However, if oil prices do not recover, we could see another sideways range form within the 42.00 and the 41.00 handle.

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

The post Oil Prices Back To The 42.00 Handle appeared first on Orbex Forex Trading Blog.

To keep reading this article, please navigate to: Orbex Forex Trading Blog.

Tagged on: