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WTI climbs above $77.00 and forms a bullish engulfing candle as bulls eye the 20-DMA around $78.40

WTI climbs above $77.00 and forms a bullish engulfing candle as bulls eye the 20-DMA around $78.40

by admin | Feb 4, 2023 | Forex

WTI is set to finish the week with more than 2% losses. Factors like solid US jobs data and the EU’s embargo on Russian oil-related products underpin WTI. WTI Technical Analysis: Near-term shifted upward biased, and it might test $80.00. The US crude oil benchmark,...

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