WTI Falls to Near $90.00, Bullish Structure Remains Intact
West Texas Intermediate crude oil slipped to around $90.05 during early European trading on Friday as traders booked profits, yet the bullish technical structure remains intact.
WTI
West Texas Intermediate (WTI) crude oil slipped to around $90.05 during early European hours on Friday, extending its decline as traders booked profits after recent gains.
The pullback comes amid a broader uptrend, with market participants noting that the bullish structure remains intact despite the short-term correction. No additional fundamental catalysts were cited.
Technical analysts are watching whether WTI can hold above the psychologically important $90 level to maintain the constructive outlook.
Source: FXStreet Forex News