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OIL 13/03/2018 | EconAlerts

Technical Analysis – WTI crude oil futures

WTI crude oil futures post neutral sessions; Bollinger bands act like obstacles. WTI crude oil futures have been moving sideways over the last few sessions in the 4-hour chart, signaling weak momentum. The price hit several times the 20-simple moving average but failed to trade lower. Having a look at the bigger picture, oil has lost its aggressive buying

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