Key takeaways WTI crude extends bullish breakout: Prices surged about 19% since 26 Feb, reaching a 14-month high near $78, after breaking a 28-month descending resistance, with geopolitical tensions from the United States–Israel strikes on Iran acting as the key catalyst. Geopolitical risk underpinning the rally: Rising fears that Strait of Hormuz—which handles roughly 25% […]The post Chart Alert: WTI Crude Oil Bullish Breakout Above $78.10/Barrel in Play appeared first on ActionForex.