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WTI oil kept firm tone and rose to new multi-week high on Monday, in extension of Friday’s 2.5% advance. Prevailing positive sentiment on growing hopes for a deal in US-China trade talks and subsequent rise in oil demand continues to inflate oil prices. The contract was up 5.7% last week, with Friday’s close above significant […]

The post WTI Oil: Bulls May Take a Breather for Consolidation on Overbought Daily Conditions appeared first on Action Forex.

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