WTI crude oil futures may retest resistance at $92.09
U.S. oil NYMEX WTI may retest a resistance level of $92.09 per barrel. A break above could open gains toward the $92.89-$93.74 range.
U.S. oil NYMEX:CL1! may retest a resistance of $92.09 per barrel, a break above which could lead to a gain into the $92.89-$93.74 range.The correction triggered by the resistance might have been driven by a wave 4, the fourth wave of a five-wave cycle from $86.22.This wave is expected to be reverse…