Crude Oil Price to Eye January Low on Failure to Defend Monthly Low
Failure to defend the monthly range may push the price of oil towards the January low ($74.27) as it appears to be tracking the negative slope in the 50-Day SMA ($91.27).
Failure to defend the monthly range may push the price of oil towards the January low ($74.27) as it appears to be tracking the negative slope in the 50-Day SMA ($91.27).