- WTI June Futures refreshes intraday low to near 100-HMA.
- A short-term symmetrical triangle limits immediate moves.
- 200-HMA, early-month tops offer strong downside support.
While stepping back from the two-day-old falling trend line, WTI June Futures on NYMEX drop to $23.92, down near 3.30% on a day, during Monday’s Asian session, writes Anil Panchal for FX Street.
Decline in black goldThe black gold currently declines towards a 100-HMA level of $23.82 ahead of visiting the triangle’s support...
https://mfame.guru/texas-light-sweet-crumbles-in-symmetrical-triangle/