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WTI crude oil dips to new session lows

The price of WTI crude oil has dipped to a new session low at $71.84. The high for the day reach $73.08. The current prices trading at $71.91.Looking at the hourly chart, the price yesterday moved back above its 200 hour moving average (green line currently at $72.64), but found sellers near the 50% midpoint of the move down from the April 12 high to the May exhaustion low reached last Thursday (near $63.64). The 50% midpoint comes in at $73.59. The high price yesterday reached just above that l... Read More

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Crude

Dips

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Lows

Forex

Posted: May 9 2023, 15:40

Author Name: forexlive

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