WTI Struggles Below $82, Bullish Potential Intact
WTI crude oil trades with a negative bias in early European trading, unable to extend the late rebound from the $79.50 area but still holding bullish potential.
WTI
West Texas Intermediate (WTI) crude oil is trading with a negative bias during the first half of the European session, failing to build on the previous day's late rebound from the $79.50–$79.45 zone.
The price remains below the $82.00 level and the one-month high, suggesting short-term weakness. Despite the struggle, analysts note that the underlying bullish potential remains intact, supported by the recent recovery attempt from the lows.
Source: FXStreet Forex News