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WTI crude futures settle at $78.89
Today, crude oil futures fell back below the $79 level that has been a decent support level and resistance going back to April (see red numbered circles on the chart below). The fall below the level took the price down to a intraday low of $77.62 before bouncing back to the upside and settling just below the $79.00 level.Recall, that the price this month moved higher at the start of the month, and in the process, moved to - and through - a ceiling area between $82.43 and $83.44 (see yellow area...
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Posted: Aug 23 2023, 18:43
Author Name: forexlive
Views: 110629
