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WTI crude oil futures settle at $72.53
WTI crude oilfutures are settling higher on the day. The prices settled at $72.53, up $0.79 or 1.10%. The high price reached $73.19. The low price was at $71.01.Looking at the hourly chart, at session lows, the price was dipping just below the rising 100-hour moving average and the 200-hour moving average (blue and green lines in the chart above). It was also dipping below the 38.2% retracement of the move down from the April 12 high to the May 4 low. That level came in at $71.13. The inability...
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Posted: Jun 7 2023, 18:39
Author Name: forexlive
Views: 110783